Following a 1-hour-40-minute meeting in South Korea, President Donald Trump has officially confirmed a framework trade agreement with China! šš„
š° Key Points (via Reuters & CNBC):
š¹ China agrees to a one-year rare-earth export pact ā Trump declares, āthe issue is settled.ā
š¹ U.S. cuts tariffs on several Chinese imports from 57% to 47%.
š¹ China to resume major soybean purchases from the U.S.
š¹ Tariffs on fentanyl-related goods lowered to 10%.
š¹ Trump: āWeāve reached a deal ā weāll review it annually. Itās a tremendous victory for America!ā šŖ
š¬ While Beijing hasnāt released the full statement yet, markets are moving fast ā rare-earths, metals, and China-linked crypto tokens are all seeing a sharp uptick in buying! š
š Market Sentiment:
Trade tensions are cooling, paving the way for a fresh global risk-on rally.
Savvy investors are eyeing $TRUMP, $WLFI, and China-exposed assets for the next breakout move. š
