#TrumpTariffs riffs
June 2025 Agreement between the United States of America and China
• The new agreement was reached during two days of negotiations in London (June 10–11, 2025) following a previous 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 student visa grants for Chinese nationals to stop previous threats to revoke them.
Latest updates 2025 after recent agreements with China and the new framework with China in 2025 following the 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% including:
• 10% basic.
• 20% criminal message (fentanyl).
• 25% from previous adjusted 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 absorb tariffs up to 10%, but exceeding that requires them to use or raise prices, which may affect consumers, especially in the fashion and non-essential goods sector.
• That pressure on traders (especially discount retailers) leads to price movements and also to adjustments in logistics regulations and products to pressure costs.