Also those whiny libtards that whined about having to pay more at Walmart because basically their entire inventory of crap is made in China can STFU again… Tariffs on China’s junk coming into this country has been reduced from 57% to 10%.. Also, China has lifted restrictions on rare earth minerals, and promised to buy soybeans and other American farm products en masse…. The deal sounds great and all but lets see if China actually follows through.
President Donald Trump met with China’s genocidal communist dictator, Xi Jinping, on Wednesday in Busan, South Korea, for talks focused heavily on lifting recent restrictions and tariffs on bilateral trade.
Following the meeting, which Trump described in a statement on Truth Social as “truly great,” the two sides confirmed that China would lift restrictions on exporting rare-earth and critical minerals, which Beijing had imposed in response to tariffs on its goods. The restrictions would be paused for a year, potentially returning if Beijing and Washington do not agree on a blueprint for the sales, but Trump appeared positive about the restrictions not returning during remarks on Air Force One en route home, describing the meeting as a “12” out of ten.
China would also, Trump added, increase its purchases of American soybeans, sorghum, “and other farm products,” expected to produce significant profits from American farmers. In exchange, the Trump administration will reduce the American tariff rate on Chinese goods, previously at 57 percent, by ten percent, in recognition of China’s alleged measures to limit the flow of fentanyl into the United States.