US-China Trade Deal Framework Confirmed | Bloomberg: The Opening Trade 06/27

/ 10 hours ago June 27, 2025

From Bloomberg Markets and Finance.

China said it has further confirmed details of a trade framework with Washington, echoing US Commerce Secretary Howard Lutnick’s earlier comments about a US-China agreement that stabilized ties.

Officials from both countries have maintained close contact after holding trade talks in London earlier this month, a spokesperson for the Chinese Commerce Ministry said in a statement Friday. 

“In recent days, after approval, both sides have further confirmed details on the framework,” the person said. “The Chinese side will review and approve eligible applications for export of controlled items in accordance with the law. The US side will correspondingly cancel a series of restrictive measures taken against China.”

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson.

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00:00:00 – The Opening Trade
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00:10:13 – BBVA Favors Sabadel Merger
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00:15:18 – Fed Officials Open to Cutting Rates
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