President Trump announced that the trade agreement between the United States and China has been finalized, pending only final approval between him and President Xi Jinping. According to the agreement:

China will immediately supply critical materials such as magnets and rare earth elements.

The United States will fully honor its commitments, including allowing Chinese students to continue studying at American universities and colleges.

The U.S. will impose a 55% tariff, while China will impose a 10% tariff.

He affirmed that the relationship between the two countries remains very positive.