#TrumpTariffs 👉👍💰

🎯Here is a summary of Donald Trump's announcement on June 11, 2025, regarding the new trade agreement with China:

On June 11, 2025, the former American president

1️⃣Donald Trump announced a new trade agreement with China. This agreement includes the following key points:

* Increase in American tariffs: American tariffs on 2️⃣Chinese goods will rise from 30% to 55%, representing a substantial increase.

* Reduction of Chinese tariffs: In return, China has agreed to reduce its own tariffs to 10%.

* Export of rare earths: China has committed to exporting rare earths to the United States. These materials are crucial for American technology and defense industries.

* Access to American universities for Chinese students: Chinese students will be allowed to access American universities, although some restrictions have been mentioned.

3️⃣In summary, this agreement marks a major shift in trade relations between the two countries, with a significant increase in American tariffs and Chinese concessions on access to rare earths and education.🌐💯