Trump does what the Democrats could never.
LONDON — President Donald J. Trump has officially confirmed a major new trade agreement with China, following high-stakes negotiations that took place in London over the past two days. The deal marks a significant win for American manufacturing, rare earth security, and economic sovereignty.
President Trump posted on Truth Social, “The agreement with China is finalized, pending final confirmation between President Xi and me. China will provide all magnets and required rare earths immediately. We’ve secured 55% tariffs, while they face only 10%. A major victory. Our relationship is strong!”
This new trade pact builds on the “Geneva Consensus”, the May 2025 framework that saw the U.S. dramatically reduce tariffs on Chinese imports from 145% down to 30%. Under the latest terms, China will lower its tariffs on most U.S. products from 125% to just 10%, creating a more favorable environment for American businesses and farmers.
Key Wins for America Under Trump’s New Trade Deal:
- 55% total tariffs on Chinese goods
- Rare earth minerals guaranteed from China
- U.S. maintains strict export rules on key tech and chemicals
- Chinese students may attend American universities—but under U.S. terms
- Massive reduction in Chinese tariffs on American exports
Trump Administration Secures Leverage Through Strength
Commerce Secretary Howard Lutnick praised the agreement, saying it “adds real enforcement teeth to the Geneva Consensus.” According to Lutnick, the London talks were critical to hammering out enforcement mechanisms and ensuring China follows through on its commitments.
“This is a deal made from strength—not weakness,” Lutnick said. “It protects the American worker, American innovation, and American supply chains.”
He also confirmed that the new terms will ensure balanced access to rare earth elements, which are vital to national defense and clean energy. The U.S. had accused China of dragging its feet on rare earth exports, leading to tightened export controls on semiconductors and chemical inputs in recent months.
Treasury Sounds Alarm on China’s Motives
While the Trump administration celebrates this as a major victory, officials remain vigilant.
Treasury Secretary Scott Bessent testified before the House Ways and Means Committee that China’s economy is still dangerously imbalanced and facing a severe real estate crisis. He warned that the Chinese Communist Party is trying to export its way out of trouble—at the expense of working Americans.
“We cannot allow China to export its way to recovery while American families lose their jobs and livelihoods,” Bessent said. “President Trump’s deal ensures that won’t happen.”
Final Approval in the Works
Chinese Vice Commerce Minister Li Chenggang confirmed that the deal was struck in London, pending final approval by both leaders. President Trump noted that his recent phone call with Xi Jinping was “very good,” though he made it clear that Xi is a tough negotiator.
Despite those challenges, Trump pushed forward with a deal that puts America First, reinforces our economic independence, and sets the tone for future trade policy.
Why This Matters to You
Under President Trump’s leadership, the United States is once again negotiating from a position of power. This trade agreement shows that bold leadership, fair tariffs, and strong American values can rebuild our economy—and protect our future.