#TRUMP announces trade agreement with China
Guaranteed rare earths, unequal tariffs, and Chinese students welcome.
President #DonaldTrump announced on Truth Social a preliminary trade agreement with #china , pending final approval from him and Chinese President Xi.
This agreement, described as "closed," ensures the supply of rare earths and critical magnets from China, essential for U.S. industries such as automotive, defense, and technology, after months of restrictions that threatened to paralyze global supply chains.
In exchange, the U.S. will offer what was agreed, including access for Chinese students to U.S. universities and colleges, a point that Trump highlighted as positive.
The agreement establishes asymmetric tariffs: the U.S. will maintain a 55% tariff on Chinese imports, while China will apply a 10% tariff on U.S. goods, reflecting a negotiating advantage for Washington.
Trump described the relationship with China as "excellent," marking a possible end to the escalation of trade tensions that began in April 2025.