Trump Declares Trade Pact with China Covering Rare Earth Minerals and Student Access

In a statement that has drawn global attention, former United States President Donald Trump declared that a preliminary trade agreement with China is now complete. The deal, which he shared on his social media platform Truth Social, follows high-level discussions between American and Chinese officials in London. It is expected to ease long-standing tensions over trade disputes and mineral supply chains between the two global economic powers.

Rare Earth Minerals to Flow from China

A key component of the deal is China’s commitment to supply the United States with rare earth minerals and magnets. According to Trump’s post, China has agreed to provide “full magnets and any necessary rare earths” upfront. These minerals are essential to various industries, particularly technology, defence, and renewable energy, where they are used in products ranging from electric vehicles to smartphones and military equipment.

Expanded Student Access Highlighted

Another notable element of the deal is the expanded access for Chinese students to American colleges and universities. Trump mentioned that this aspect of the agreement “has always been good with me,” signalling continuity in the longstanding educational link between the two nations. This provision is seen as a gesture to soften previous restrictions on student visas that had drawn criticism from academic institutions.

High-Level Talks in London Cement Terms

The preliminary deal emerged after two days of intensive discussions in London, led by US Commerce Secretary Howard Lutnick. These meetings are seen as an effort to reinforce the fragile truce agreed to in Geneva last month. Lutnick told reporters the new trade framework “puts meat on the bones” of the Geneva understanding, suggesting this deal has practical implications and is not merely symbolic.

Read More: Piyush Goyal: China’s Rare Earth Move a Wake-Up Call! 

Addressing Broader Trade Tensions

The agreement follows a recent phone conversation between Trump and Chinese President Xi Jinping, aimed at reducing tensions surrounding several trade and security issues. Points of conflict included export controls on advanced semiconductors, visa restrictions for international students, and limited access to critical raw materials. By resolving some of these concerns, the deal could mark a turning point in bilateral relations.

Looking Ahead to Final Approval

Trump noted that the agreement remains subject to final approval from both leaders. However, the tone of the announcement and details shared indicate that both parties are moving toward a formal conclusion. The deal’s emphasis on rare earth supply and educational exchange reflects mutual strategic interests and may influence global market trends in the coming months.

Conclusion

The preliminary trade agreement between the United States and China highlights cooperation on rare earth minerals and educational exchange, signalling progress in resolving major trade disputes.

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