#TrumpTariffs President Trump: The deal with China is finalized... and tariffs on China reach 55%
#1 26% could rise to 55%
Donald Trump announced on Truth Social that the United States and China have reached a final agreement regarding a vast trade deal.
He stated:
"President Xi and I will sign, the deal is ready."
What are the details of the agreement?
• The United States will obtain rare and strategically important metals from China.
• In exchange, China will receive guarantees, including the opportunity for its students to pursue their studies at American universities.
• The tariffs that the United States will impose on China will amount to 55%, while China will only impose 10% on American imports.