Trump announces deal 'done' with China
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London — President Trump declared on Wednesday morning ... its current 10% tariffs on goods imported from the U.S., while the U.S. would keep 55% tariffs on Chinese imports. There was no immediate confirmation from China's government of any terms agreed ...
While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a negotiating process that buys China time and helps defuse the threat of more harmful tariffs and technology curbs.
22hon MSN
LONDON (AP) — President Donald Trump announced Wednesday that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.
American and Chinese officials are meeting for a second day of trade talks in London to shore up a fragile truce over tariffs. Negotiations are expected to focus on Beijing's shipments of rare earths and Washington's restrictions on chip exports.