Former U.S. President Donald J. Trump on Tuesday announced via social media that a new deal with China has been reached, pending final approval from both himself and Chinese President Xi Jinping. According to Trump, the agreement includes upfront Chinese supply of “full magnets” and “any necessary rare earths” to the U.S.
In return, the U.S. will uphold previously agreed terms, which Trump said include allowing Chinese students to continue studying at American colleges and universities — a relationship he described as “always been good with me!”
Trump emphasized that under the new deal, the U.S. will receive a combined total of 55% in tariffs, while China will get 10%. “Relationship is excellent!” Trump declared in the post, adding thanks for attention to the matter.
The post, shared on June 11, 2025, at 8:04 AM, comes amid ongoing geopolitical and trade tensions between the world’s two largest economies. No official confirmation has yet been released by Chinese authorities or the U.S. State Department.
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