#TrumpTariffs $TRUMP

Trump confirmed that trade relations between the United States and China are heading towards a noticeable improvement, as positive progress is being made in the ongoing negotiations between the two countries. This came during his remarks from the Oval Office, and he noted that many countries are now seeking to establish trade agreements with Washington ¹.

*Key Developments:*

- *Trade Agreement*: Trump announced that the trade agreement with China has been completed, but it is still subject to final approval from him and Chinese President Xi Jinping.

- *Tariffs*: A preliminary framework has been reached to revive the flow of sensitive goods between the two parties, with the tariff rates to be collected by each country specified. The United States will receive 55% while China will receive 10%.

- *Supply of Rare Earth Elements*: China will supply rare earth elements and vital magnets "immediately".

- *Chinese Students*: The United States will grant Chinese students the opportunity to enroll in American universities and colleges ².

*Impact of These Developments:*

- Rising stock prices and improvement in the American economy, according to Trump’s statements.

- Potential increase in revenues for the United States thanks to the imposed tariffs.

- Improvement in trade relations between the United States and China could lead to global economic stability ¹.