China will face tariffs of 55% after reaching a trade agreement: what else was agreed?
The deal must be approved by the presidents of both countries. Trump claims that the relationship is 'excellent'. The President of the United States, Donald Trump, celebrated on Wednesday the agreement reached with China in London after two days of trade negotiations, in which, he stated, the Asian giant has agreed that its products will pay tariffs of 55%, compared to a burden of 10% for those from the United States. According to the president's message, the agreement also includes a constant supply of rare earths from China to the United States and that Chinese students have access to American universities.
Trump added that the relationship between both countries is "excellent".
