BREAKING NEWS Trump announces China trade deal is 'done' setting up wild market ride
President Donald Trump declared a trade deal between the U.S. and China 'done' and announced new rare earth minerals he said would be coming into the U.S. from its top trade competitor.
'Our deal with China is done, subject to final approval with President Xi and me,' Trump posted Wednesday morning. 'Full magnets, and any necessary rare earths, will be supplied, up front, by China.'
He also said Chinese students would continue 'using our colleges and universities,' sometnign he said has 'always been good with me' despite his administration's crackdown on foreign students at top universities.
He said the U.S. is 'getting a total of 55 percent tariffs from China,' without further explanation, and that the U.S. would face a 10 percent tariff from Beijing.
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