#USChinaDeal 📢 US-China trade deal complete!
✅ The agreement, signed earlier this month in London, is now ready for implementation and will help implement the Geneva Consensus, China's Ministry of Commerce said in a statement on Friday.
According to the agreement:
🇨🇳 China:
🔹 Will approve exports of products subject to export controls
🔹 Will supply the US with rare earth materials (including magnets)
🇺🇸 US:
🔹 Will lift the ban on ethane exports
🔹 Will remove a number of old restrictions on China
🗣️ Trump said:
"China gets 10%, we get 55% tariff benefits!"
📍 Date: June 11 — Announcement
📍 Location: London (initial signature), final announcement in Washington
📦 This agreement will bring stability to global trade and ensure the supply of critical minerals for the technology sector.