In a post published on Truth Social on Wednesday (11/6), US President Donald Trump said that a trade deal with China is done and added that the deal is now waiting for final approval from himself and Chinese President Xi Jinping.
"The complete magnets, and the rare earths that are needed, will be supplied, up front, by China. Likewise, we will provide what has been agreed to to China, including Chinese students who use our colleges and universities (which is always nice of me!)," Trump said, adding:
"We get a total tariff of 55%, China gets 10%. Very good relationship! Thank you for your attention to this issue!" (alg)
Source: FXstreet
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