#TrumpTariffs TrumpTariffs
June 2025 Agreement Between the United States and China
• The new agreement was reached during two days of negotiations in London (June 10–11, 2025) following a preliminary agreement in Geneva (May 2025).
• Strategic exchanges between them: vital materials and students.
• China will resume exporting rare metals and magnets to the United States.
• The United States will maintain granting student visas to Chinese nationals to halt previous threats to revoke them.
Latest developments in 2025 after the recent agreements with China and the new framework with China in 2025 after approval of the good amendments and agreements between the two countries under the following points:
• The United States imposed an overall tariff on Chinese imports of 55% that includes:
• 10% Basic.
• 20% Criminal message (fentanyl).
• 25% of previously imposed tariffs.
• In return, the Chinese side maintained a 10% tariff on American imports.
The impact of tariffs on traders and consumers.
• According to an analyst from Bank of America, traders can bear tariffs up to 10%, but exceeding this requires them to use or raise prices, which may affect consumers, especially in the fashion sector and non-essential goods.
• That pressure on traders (especially discount retailers) leads to price movements as well as adjustments to logistics regulations and products to reduce costs in the countries.