Trump said the Chinese trade agreement ‘was carried out,’ but was subject to ‘final approval’
London and Hong Kong – President Donald Trump said that the trade agreement with China was carried out, was subject to the final agreement. “
“Our agreement with China is completed, subject to the final agreement with President XI and I,” Trump said on social truth, adding that the relationship between two leading economic power plants in the world was “extraordinary.”
Trump said that the US would get “a total of 55% tariffs” with China tariffs set 10%.
Trump added, “Full magnets and every rare land needed, will be supplied, in front, by China. Likewise, we will give China what is agreed upon, including Chinese students who use college and our university (who are always good with me!).”
Trade Secretary Howard Lutnick answered questions from the media when he returned to the Lancaster House, on the second day scheduled for trade talks between the US and China, in London, England, June 10, 2025.
Toby Melville/Reuters
China’s state media had previously reported that the countries had agreed to the “framework” of trade during talks in London. China did not immediately release additional details, although US Trade Secretary Howard Lutnick on Tuesday night called it “handshake for the framework.”
President Trump and Xi Jinping must now approve the framework, said Lutnick. The move will appear that there are some concessions that the two leaders do not give the authority of their negotiating team to negotiate.
“After that, we will return to the phone together and we will start applying this agreement,” Lutnick said. “The two largest economies in the world have reached handshakes for the framework.”
Deputy Prime Minister of China, he left the Lancaster House, on the second day scheduled for trade talks between the US and China, in London, England, June 10, 2025.
Toby Melville/Reuters
Two days of conversation in London attended the first round of the conversation in Geneva and telephone calls between Trump and XI, all of which followed Trump’s implementation of higher tariffs on Chinese imports.
Deputy Prime Minister He Lifeng, leader of the Chinese delegation, told the Xinhua news agency, a wire service affiliated with the state, that the dispute between the two must be resolved through “the same dialogue and mutually beneficial cooperation.”
Media members stood outside the Lancaster House, on the second day scheduled for trade talks between the US and China, in London, England, June 10, 2025.
Toby Melville/Reuters
In the Chinese story, he uses a slightly stronger language, teaching American delegation.
“There was no winner in a trade war,” he said. “China doesn’t want to fight, but not afraid to fight.”
