TRUMP STRIKES DEAL – China to Supply RARE EARTHS

President Trump announces a groundbreaking preliminary trade deal with China, involving rare earth minerals and tariff alterations.

At a Glance

• President Trump announced a completed trade deal with China via social media.
• The trade framework returns to an agreement reached last month in Geneva.
• China and the U.S. held constructive talks in London.
• Trump will increase U.S. tariffs on Chinese goods to 55%, while Chinese tariffs on U.S. goods will be set at 10%.

U.S.-China Trade Deal: The Core Elements

The United States and China are on the brink of finalizing a significant trade agreement. President Trump announced that the deal, which focuses on rare earth minerals and entails adjustments in tariffs, awaits formal approval from both himself and China’s President Xi Jinping.

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The agreement is based on a framework previously established last month in Geneva. China’s pledge to supply vital rare earth minerals upfront to the United States signifies a serious commitment to the terms. Tariff changes include imposing a 55% rate on imports from China and a 10% rate on U.S. exports to China, aiming to balance trade relations.

Implications for Chinese Students in America

A notable addition to the deal includes directives concerning Chinese students in the U.S. While previous announcements suggested revoking visas for specific students, the new arrangement supports continuing their academic pursuits.

“OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME. FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!),” – Trump.

Renowned for his strict immigration policies, Trump’s new stance supports the continued presence of Chinese scholars. Monitoring measures, such as social media vetting, are in preparation to ensure security, aligning with broader national strategies.

Strategic Conversations and Future Prospects

Recently, Trump and Xi engaged in a 1.5-hour conversation discussing critical issues like rare earth minerals. Emerging details highlight the complexity of ongoing trade negotiations influencing global markets. A focus on revoking student visas and implementing social media vetting becomes increasingly relevant.

“VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” – Trump.

With both leaders pending final approval, the deal signals a shift towards more balanced economic relations. This agreement encapsulates strategic diplomatic efforts and has wide-ranging implications for bilateral relations moving forward.