The USA and China signed a new trade agreement following negotiations in London

Trump announced the conclusion of a trade agreement with China after marathon talks in London. On Wednesday morning, the U.S. president wrote in his characteristic style on Truth Social in capital letters: "Our agreement with China is concluded, it is subject to final approval by me and President Xi."

According to Trump, China will supply "magnets and any necessary rare earth elements in advance." In return, the U.S. will provide what was agreed upon, including the opportunity for Chinese students to study at American colleges and universities, which, according to Trump, "has always been good for me."

The most interesting part in numbers: the U.S. receives 55% of the tariffs, while China only gets 10%. The U.S. president said the relationship is "excellent," and thanked everyone for their attention to this matter.