June 27 (UPI) -- The United States and China have reached a trade deal, China's Commerce Ministry confirmed in a statement on Friday.
The confirmation comes hours after U.S. President Donald Trump on Thursday remarked during a press conference that "We just signed with China yesterday," without further explanation. He was speaking about trade deals with foreign nations and said one with India may be on the horizon.
The statement from Beijing said the two sides held trade talks in London on June 9 and 10 and they "reached a principled agreement on a framework" for a deal that will see China approve export applications for controlled items, while the United States will lift what it called "a series of restrictive measures previously imposed on China."
The meetings in London were held following a phone call between Chinese leader Xi Jinping and Trump on June 5.
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