INTERNATIONAL
Trump says China will supply rare earths, US to allow students
U.S. President Donald Trump gestures, as he departs for Pennsylvania, on the South Lawn of the White House in Washington, D.C., U.S., May 30, 2025. REUTERS/Kent Nishimura/File Photo
WASHINGTON: President Donald Trump said on Wednesday the U.S. deal with China is done, with Beijing to supply magnets and rare earth minerals while the U.S. will allow Chinese students in its colleges and universities.
"WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT!" Trump wrote on Truth Social using his trademark capitalisation.
Trump said the deal is subject to final approval by him and President Xi Jinping.
Your gateway to global news, insights, and stories that matter.
Must-Watch Video
Stay updated with our news