Washington, D.C. [US], June 11 (ANI): U.S. President Donald Trump announced on Wednesday that the United States and China have reached a comprehensive trade agreement following high-level negotiations in London. The deal, he said, is now pending final approval from both him and Chinese President Xi Jinping.
Posting on his social media platform Truth Social, Trump wrote,
“Our deal with China is done, subject to final approval with President Xi and me. Full magnets, and any necessary rare earths, will be supplied, up front, by China. Likewise, we will provide to China what was agreed to, including Chinese students using our colleges and universities (which has always been good with me!). We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent! Thank you for your attention to this matter!”
The agreement reportedly includes China’s commitment to supply the United States with vital rare earth minerals and full-spectrum magnets, while the U.S. has agreed to allow Chinese students to continue studying at American educational institutions. Trump’s message emphasized improved relations with China, calling the relationship “excellent.”
A Framework for Trade Peace
According to Al Jazeera, the two countries agreed on a trade “framework” during two days of negotiations in London aimed at reducing tensions between the world’s two largest economies. While the framework’s full details have not been made public, both sides have indicated that substantial progress was made.
This development follows a previous 90-day pause on most tariffs announced last month after talks in Geneva. During those talks, both nations agreed to hold off on imposing additional duties to provide room for diplomatic engagement.
U.S. Commerce Secretary Howard Lutnick stated that the framework will now be reviewed by President Trump and President Xi. The two leaders recently held a 90-minute phone call to discuss trade, laying the groundwork for this week’s progress.
Chinese Vice Commerce Minister Li Chenggang, speaking to reporters in London, described the discussions as “professional, rational, in-depth and candid,” adding,
“The two sides will bring back and report to our respective leaders the talks in the meeting as well as the framework that was reached in principle. We hope that the progress we made in this London meeting is conducive to increasing trust between China and the United States.”
Shifting Visa Policies and Education Ties
The announcement also reflects a shift in tone from earlier tensions regarding Chinese students studying in the U.S. Recently, U.S. Secretary of State Marco Rubio posted on X that the U.S. would begin revoking visas for Chinese students with ties to the Chinese Communist Party or who are studying in sensitive fields.
In contrast, Trump’s latest remarks suggest a reversal or modification of that policy, stating that welcoming Chinese students to U.S. colleges “has always been good with me,” indicating a more conciliatory approach in the context of the broader deal.
As the framework awaits formal approval from the leaders of both countries, analysts expect more details to emerge regarding specific tariff terms, export controls, and cooperation in technology and education.
The White House has not yet released an official statement, but Trump’s announcement signals a potentially major turning point in U.S.-China trade relations after years of conflict marked by tariffs, tech bans, and supply chain disruptions. (ANI)
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