Trump: Tariffs on Chinese goods set at 55 percent, US to get rare earth minerals in deal

Jun 11, 2025 - 14:00
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Trump: Tariffs on Chinese goods set at 55 percent, US to get rare earth minerals in deal
President Trump said Wednesday his administration had reached a tentative agreement on a trade truce with China following talks between the two sides in London. As part of the agreement, which Trump said was pending his approval and the approval of Chinese President Xi Jinping, China will supply “full magnets, and any necessary rare earths,”…