President Donald Trump says the United States has reached a deal with China as both sides wrapped up their trade talks in London.
In a June 11 Truth Social post, the president confirmed that the agreement will ensure China supplies the necessary rare earths and full magnets.
In exchange, the United States will allow Chinese students to use its colleges and universities, which Trump says “has always been good with me.”
“We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent!” the president wrote in all caps.
The deal will be subject to final approval by Trump and Chinese leader Xi Jinping.
U.S. stocks were little changed in pre-market trading after the president’s social media announcement.
Correcting the damage of previous administrations !
EVEN IF this does go into place, CAN WE EVER TRUST china to uphold Their end of the bargain!?