<h1>U.S. and China reach preliminary framework to suspend new tariffs, secure large agricultural purchases, curb fentanyl precursor exports</h1> The United States and China announced a preliminary consensus toward a trade agreement to be finalized at an upcoming leaders' meeting, with senior officials describing a framework that would suspend threats of additional tariffs, secure Chinese commitments to substantial agricultural purchases, curb exports of fentanyl precursor chemicals, and defer new export controls on rare earths. The deal remains limited in scope and would not resolve broader disputes over manufacturing imbalances, access to advanced chips, or state-directed trade practices; it also contemplates future visits and bilateral economic frameworks affecting tariffs, export controls, and supply-chain security.