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Trump freezes export controls to secure trade deal with China, FT reports

According to a Financial Times report on Monday, citing people familiar with the matter, the U.S. has paused new tech export restrictions on China to aid trade talks and facilitate a potential summit between President Trump and President Xi.

Reuters AMERICAS
Published July 28,2025
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The U.S. has frozen restrictions on technology exports to China to avoid hurting trade talks with Beijing and to help President Donald Trump secure a meeting with President Xi Jinping this year, the Financial Times reported on Monday, citing people familiar with the matter.