Trump Claims China Trade Deal Is Finalized, Awaits Xi’s Approval

Trump claims U.S.–China trade deal is done, pending Xi’s approval. China will supply magnets and rare earths upfront. The U.S. maintains 55% tariffs while allowing Chinese student access. President Donald Trump has officially announced that a comprehensive trade agreement between the U.S. and China is complete, and is now awaiting final approval from his Chinese counterpart, President Xi Jinping. The statement , shared on his Truth Social account, outlines a deal that includes commitments on rare earth mineral supplies and a revised tariff structure. The declaration signals a potential new phase in U.S.–China trade relations after years of tariffs, sanctions, and stalled negotiations, though as of press time, there has been no official confirmation or comments from Beijing. Deal Reportedly Secures “Up Front” Supply of Rare Earths According to Trump, China will deliver full supplies of magnets and other rare earth elements “up front.” In exchange, the U.S. will honor its commitments, including allowing Chinese students to continue studying in American universities. Trump emphasized that he supports this aspect of the deal. The tariff structure … The post Trump Claims China Trade Deal Is Finalized, Awaits Xi’s Approval appeared first on Coin Edition .

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