Trump China Trade Deal: Photos & Claims
Donald Trump claims a China trade deal is complete, a major proclamation following London talks.This deal, pending final approvals, outlines key terms, including tariffs and access to resources, promising a boost to both economies. U.S. officials are reviewing the agreement, yet conflicting perspectives exist. Treasury Secretary Scott Bessent cautions against China’s economic practices.Explore the latest developments. The former president anticipates collaboration with President Xi Jinping to unlock further trade opportunities. The declaration arrived via social media, sparking immediate global reactions. The announcement addresses trade relations and potential impacts on the global economy,while key points involve what the agreement truly means. Consult News Directory 3 for breaking news on this deal. Discover what’s next as negotiations continue.
Trump Claims Trade Deal reached with China After London Talks
Updated June 13, 2025
former President Donald Trump announced Wednesday that the United States and China have reached a deal to end the trade war, pending final approval from himself and Chinese President Xi Jinping. The declaration followed two days of negotiations in London.
trump took to Truth Social to share the news. He stated that China would supply “full magnets and any necessary rare earths” upfront. In return, the U.S. would provide China with previously agreed-upon concessions, including allowing Chinese students to attend American colleges and universities.
Trump added that the U.S. would receive 55% tariffs, while China would receive 10%. He characterized the relationship between the two countries as “excellent” and anticipated that he and President Xi would collaborate to further open China to American trade, calling it a “great WIN for both countries!!” The new trade role is expected to boost both economies.
White House press secretary Karoline Leavitt confirmed that the president was reviewing the details of the agreement. “What the president heard, he liked,” Leavitt said, adding that china had agreed to open its markets to the United states separately from the deal.She emphasized that the U.S. and China are “in a great place right now.”
However, Treasury Secretary Scott Bessent offered a more cautious assessment during a House Ways and Means Committee meeting on Wednesday. Bessent stated that China’s economy is “the most imbalanced economy in the world” and is facing a real estate downturn.He argued that China should not be allowed to “export their way back to prosperity,” which would negatively impact living standards in the U.S. and other countries.
“Our deal with China is done, subject to final approval with President Xi and me,” Trump wrote.
What’s next
U.S. and Chinese officials are expected to continue discussions to finalize the agreement. The details of the deal and its potential impact on various sectors remain to be seen as the two nations navigate this complex trade relationship.