Trump “Trade negotiations with China concluded... Only Xi Jinping's approval remains”

President Trump personally confirmed the US-China Trade Agreement (Source: Truth Social)

President Donald Trump announced that the trade negotiations with China have been virtually finalized. On the 11th (local time), he conveyed through his social media platform Truth Social, “The negotiations with China have been completed, and now only the final approval of President Xi Jinping remains.”

Trump explained that under this agreement, China will supply rare earths and magnets in full prepayment form, and the United States will fulfill promises including the acceptance of Chinese students. He also emphasized the imbalance, saying, “The US is receiving a total tariff of 55%, but the tariff China imposes on US products is at the level of 10%.”

In conclusion, he expressed confidence in the negotiation outcome, stating, “The relationship between the two countries is very excellent.” This statement is likely to act as a positive signal in the market along with the easing of global trade tensions.