China has confirmed the trade agreement with the United States (US), announced by US President Donald Trump, Chinese Foreign Ministry spokesman Lin Jian said.
"China has always kept its word and achieved results. Now that a consensus has been reached, both sides should abide by it," Jiang told a news conference.
The agreement, reached after a phone call between Trump and Chinese President Xi Jinping last week, brings a delicate truce in the trade war between the world's two largest economies, Tanjug writes.
The phone call between Trump and Jinping broke a stalemate that erupted just weeks after a preliminary agreement was reached in Geneva.
Shortly after the call, new talks in London followed, which Washington said "established the essence" of the Geneva Agreement on easing bilateral retaliatory tariffs.
The Geneva agreement collapsed due to China's continued restrictions on mineral exports, prompting the Trump administration to respond with export controls that prevent shipments of semiconductor design software, Chinese-made jet engines and other goods to China.
However, the specifics of the latest agreement and the details of how it will be implemented remain unclear.
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