🥳 US-China trade deal is done
President Trump announced that the trade deal with China is done, pending final approval from President Xi Jinping.
👉According to the deal:
- China will immediately provide important materials such as magnets and rare earths.
- The US will keep its commitment to allow Chinese students to continue studying in the US.
- The US imposes a 55% tariff, China imposes a 10% tariff.
💦Trump emphasized that bilateral relations are still very good.
