As reported at USA Today, following the much anticipated meeting between President Donald Trump and Chinese President Xi, President Trump said they reached an agreement on soybean purchases, fentanyl precursors, and rare earth exports, paving the way for a finalized trade deal to be signed "pretty soon" that he said would last for at least a year and result in an immediate reduction in tariffs.
President Donald Trump said he reached an agreement with Chinese President Xi Jinping on soybean purchases, fentanyl precursors, and rare earth exports.
Paving the way for a finalized trade deal to be signed "pretty soon" that he said would last for at least a year and result in an immediate reduction in tariffs.
China will immediately begin purchasing "tremendous amounts" of soybeans and other agricultural products from the United States, the president told reporters flying with him on Air Force One.
A deal, Trump said, was also reached to keep China's proposed export controls on rare earth minerals from taking effect. "That roadblock is gone now. There's no roadblock at all on rare earth," he explained.