(NewsNation) — The United States and China have reached a trade deal, President Donald Trump announced Wednesday.
“Our deal with China is done, subject to final approval with President XI and me,” Trump wrote in a social media post.
Trump said China would provide the U.S. with magnets and rare earth minerals “up front,” while the United States has agreed to allow Chinese students to attend U.S. colleges and universities.
Tariffs on Chinese goods will move to 55%, Trump said.
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Author: Taylor Delandro
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