The U.S. and China have further confirmed details of the framework agreement reached by both sides earlier this month in London, which seeks to implement the Geneva trade consensus, according to a statement released by China’s Ministry of Commerce Friday afternoon. China will review and approve export applications for items subject to export control rules, while the U.S. will cancel a range of existing restrictive measures imposed against Beijing, a spokesperson for the ministry said in the statement, without elaborating. The statement comes after U.S. President Donald Trump said Thursday at an event in the White ... (full story)