US 'close to 10 trade deals' after China rare earth agreement reached – business live

02.38 EDT Introduction: US ‘close to 10 trade deals’ after China agreement ‘signed’ Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Hopes are building that the US may be close to announcing more trade deals, and avoid imposing punishing new tariffs that would disrupt the global economy. Overnight, Donald Trump announced that China and the US had signed a deal, without providing details, declaring: "We just signed with China yesterday." It later emerged that the agreement will expedite rare earth shipments to the US, building on the progress negotiators made in…