What do we know about the US-China Trade Deal? | Trade War News

The White House has prepared a trade agreement with China and the US President Donald Trump and Chinese counterpart, Xi Jinping.

The White House said the President currently considered the details.

Trump, Switzerland’s Geneva, the previous round of talks after the talks in the previous round, announced the deal after the days of trade talks.

“We have reached a framework for the consensus of Geneva and the call between the two presidents,” he said.

What include?

The transaction includes a provision that China will provide the United States with rare land elements, especially with rare land elements, which are very important in the production sectors.

Trump said minerals would be prolluded, but it was not clear why.

China has disproportionate control over a rare land market. 60 percent of the world’s rare land minerals and 90 percent of them produce 60 percent of the process. This has been concerned during the leadership of the United States, including the former President Joe Biden.

In February 2024, US Energy Secretary Jennifer Granholm said the United States was “very worried,” the United States was relied on China for the supply of critical minerals to CNBC.

These concerns were reinforced after the second time of Trump, especially after the application of sweeping tariffs – 145 percent tariffs in China – export control measures for China’s chip industry.

In April, the Ministry of Commerce in April was revealed by applying exports in these minerals.

As part of the latest agreement, the United States will lower 55 percent of 55 percent of tariffs in China. In return, Pekin will lower the 10 percent tariffs for goods imported from the United States, below 125 percent.

55% of the tariffs include 10 percent of the trafficking tariff, which is illegally illegally illegally illegally illegal, a decision to be temporarily blocked, as well as Trump’s first term tariffs were provided with 25 percent and fentanyl trade.

The White House has framed the agreement as a victory, and the tariffs remain higher than Trump’s first position. Experts continue to claim that the tariffs will play the role of taxes and consumers in US institutions and consumers, as a result, not China, but to pay their expenses.

‘Death sentence’

Including retailers, including Walmart, already there Due to tariffs, they need to raise prices. Last month, CEO Doug McMillon, “Given the size of the tariffs, we can not master all the pressures, even considering the reality of narrow retail edges.”

Walmart about 60 percent of the goods from China. If the latest deal will change its source plans in light of the bargain, it is not clear.

The new deal did not accept the concerns between the Small Business Society.

“It will destroy this death sentence and American dreams for many small ventures, which leaves China’s parts or products,” said a propaganda group representing small business interests, in response to the trade deal.

Small business owners also had to hire and break the development due to China’s tariffs. Wild Rye, Open Clothing Brand Speaking with Ali Cazeera before, he said it did not change anything.

“This destructive, 55 percent tariffs are still crazy,” Cassie Habel, the founder of the wild rye said.

Added that for previously announced tariffs, expected expenses and commands and orders, it was very difficult to find shipping containers to get existing orders to the United States.

“Finding a container is really hard. The chances of getting our product within a 90-day window are mainly zero,” he said.

The deal was announced in April in April, for the 90-day break in most tariffs and ended on July 8.

The White House did not meet the demand for clarification of al-Isir.

Deal also includes a concession that allows Chinese students will continue to participate US universities, Trump has not argued until lifted a few weeks ago. There were thousands of Chinese students in the US position – and universities in which it is currently being established to participate or register.

Lutnick said that US tariffs would not change again in the United States and not changed next week, although analysts believe that there may be talk tactics.

Analyst on Wedbush securities Ives, despite the allegations of Lutin’s allegations, will not end China with China. Except the semiconductor chips, another industry is waiting for more industries in the coming months.

“Tariffs are high, but I believe it is … the starting point. The frame was established and I would expect more transaction forward,” he said

At the Institute of Economic Policy Adam Hersch, the chief economist, accepts the leading to more negotiations.

“It seems that the two sides agreed to submit more depression,” Hersch.

Reaction to the market

Global markets usually respond positively to the news. FTSE closed in London 0.1 percent. Nikkei in Tokyo closed 0.6 percent, Hong Kong Hang Seng Index increased by 0.8 percent, and the Shanghai markets increased by 0.5 percent a day.

In the United States, the markets remained largely straight by balancing the optimism from trade news with the release of new inflation information. Consumer prices increased by 0.1 percent more than expected. Analysts say that both the subsuges and spending, and the cost of spending, the figure reflects the figure reflecting back the cost of reducing the ambient circumstances.

The S & P fell by 0.3 percent for the first loss of 500 in four days. Dow Jones was almost unchanged after the industrial average falls with 1 point yesterday. Tech decreased by 0.5 percent NASDAQ.