Trump: “Trade Deal with China Is Done — Just Waiting for China Final Approval”
President Donald Trump has declared that the U.S.-China trade deal is complete — pending only President China final sign-off.
In a post on Truth Social, Trump revealed key terms: China will prepay for rare earth materials and magnets, while the U.S. will fulfill its commitments, including accepting Chinese students.
Trump highlighted the tariff gap:
“We’re collecting a 55% tariff. China’s is just 10%. Relations are very strong.”
This statement hints at a strategic economic win for the U.S., while also signaling easing tensions between the two superpowers — a dynamic that could ripple across global markets.