Trump Announces Landmark U.S.–China Trade Pact
#TRUMP #ChinaDeal #trade #crypto
President Donald Trump has confirmed a new economic and trade pact between the United States and China, designed to rebalance trade, secure critical supply chains, and ease long-standing market frictions.
One of the most notable points of the deal is China’s agreement to lift its planned restrictions on rare earth exports — vital materials for EVs, semiconductors, and defense technologies. This decision is expected to steady global prices and improve access for U.S. manufacturers heavily reliant on these resources.
In addition, China will start issuing broad export licenses for rare earth materials, simplifying the previously complex approval process. This step could lower production costs and boost industrial output across key American sectors.
The deal also includes a major provision targeting fentanyl — with China pledging tighter control over its production and exports, addressing one of Washington’s most urgent concerns in the opioid crisis.
The announcement is being seen as a breakthrough in U.S.–China economic relations, likely to boost investor confidence, lift equity markets, and strengthen the U.S. dollar in the short term.
Although its long-term impact will hinge on implementation, the agreement signals a shift toward more pragmatic cooperation between the two largest economies in the world.
