U.S-CHINA TRADE DEAL:“IT’S DONE” Trump CLINCHES Massive Trade Deal With China | Rare Earths Sealed
Video Credit: Oneindia - Duration: 03:32s - Published
U.S-CHINA TRADE DEAL:“IT’S DONE” Trump CLINCHES Massive Trade Deal With China | Rare Earths Sealed
President Trump has announced the finalization of a major trade agreement with China, declaring "It's done." The deal includes upfront rare earth mineral supplies from China, a long-standing sticking point in talks.
Surprisingly, China will face only 10% tariffs, while the U.S. will impose 55% on other Chinese goods.
Trump called the agreement a “great win” and confirmed Chinese students will continue studying in the U.S. The announcement followed high-level talks in London and comes amid shifting supply chains and rising oil prices globally.
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