‘Relationship is excellent': Donald Trump confirms trade deal with China done
US President Donald Trump has confirmed a trade framework with China has been secured.
Negotiations have taken place in London between both sides, but the deal is subject to final approval from both President Trump and Xi Jinping.
President Trump posted on Truth Social: 'Our deal with China is done, subject to final approval with President Xi and me. Full magnets and any necessary rare earths will be supplied upfront by China. Likewise, we will provide to China what was agreed to.
'We are getting a total of 55 per cent tariffs, China is getting 10 per cent. Relationship is excellent! Thank you for your attention on this matter.'
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