Trump: The deal with China closed – at 55% duties, rare land was secured

The trade agreement with China closed, US President Donald Trump reports in a post and is expected to be expected by himself and Si Jinping. Under the agreement, Beijing will undertake to immediately supply the United States with magnets and rare land, fully meeting the needs of the US industry. Similarly, the US will comply with its commitments to China, including the acceptance of Chinese students in American universities and colleges, which, as Trump typically said, “has always found me agreement”. Particular emphasis was placed on the issue of duties, with Trump clarifying that the United States will maintain a total of 55%duties, while China will apply 10%duties. He described the current situation in bilateral relations as “excellent”, and closed his message by thanking those who closely watching developments around the deal.
Source: News Beast

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