Trump China Trade Deal: Rare Earths & Student Visas
President Trump declares a U.S.-China trade deal is done, outlining key provisions that will impact both nations. The agreement involves tariffs on goods,with the U.S. imposing a 55% rate on Chinese imports, and China a 10% rate on U.S. goods. A notable aspect involves China’s commitment to supply rare earth minerals, essential components for various technological applications. Furthermore,the deal includes provisions for the entry of chinese students into American colleges and universities,a move that could influence academic exchanges. According to reporting by News Directory 3,the deal is awaiting final approval from both leaders. Discover what’s next for this developing trade dynamic.
Trump Says U.S.-china Trade Deal done: Tariffs, Rare Earth minerals, students
Updated june 11, 2025
President Donald Trump announced Wednesday that the United States and China have finalized a trade agreement.According to the president, the deal involves China providing magnets and rare earth minerals, while the U.S.will permit Chinese students to attend American colleges and universities.
Trump stated on Truth Social that the U.S. would receive a total of 55% in tariffs, while China would receive 10%. He described the relationship as “excellent.”
A White House official clarified that the 55% tariff on Chinese imports includes a 10% baseline reciprocal tariff,a 20% tariff related to fentanyl trafficking,and a 25% tariff reflecting pre-existing measures. China, in turn, would levy a 10% tariff on U.S. imports.
The agreement, Trump said, is contingent on final approval from himself and Chinese President Xi Jinping.
The agreement follows two days of intense negotiations in London, were U.S. Commerce Secretary Howard Lutnick said a framework deal had been reached. This framework builds upon a previous agreement in Geneva aimed at easing retaliatory tariffs.
The Geneva agreement had faced challenges due to China’s restrictions on critical minerals exports. The Trump management responded with export controls, limiting shipments of semiconductor design software and aircraft to China.
“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!),” Trump said.
What’s next
The deal awaits final approval from both President Trump and President Xi. The agreement aims to de-escalate trade tensions that have impacted global markets and supply chains.