In conclusion: The US imposes a 55% tariff on Chinese goods. China imposes a 10% tariff on US goods.
We have completed the agreement with China, just awaiting the final approval between President Xi Jinping and me. China will provide sufficient permanent magnets and necessary rare earth materials from the start. In return, we will also fulfill our commitments, including continuing to allow Chinese students to study at colleges and universities in the United States (which I have always supported!). The United States will maintain an average tariff rate of 55% on Chinese goods, while China only imposes a 10% tariff on US goods. Bilateral relations are currently very good! Thank you for your interest in this matter!