US president says supply of Chinese magnets and rare earths will resume
U.S. President Donald Trump said that a trade deal with China is "done," while Beijing refers simply to an "agreement on a framework to implement the Geneva consensus." (White House photo)
WASHINGTON/HONG KONG -- The trade deal with Beijing is "done," U.S. President Donald Trump wrote on Truth Social on Wednesday morning, saying the two sides have agreed on the resumption of rare-earth supplies from China.
"OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME," Trump wrote in all caps, referring to Chinese President Xi Jinping. "FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!)."
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