2025-06-11 14:36
publication
2025-06-11 14:36
As part of the agreement with China, the US agreed to abolish the restrictions on the export of jet engines and Etanu, while China to restore the license to export rare lands, but only for six months, “Wall Street Journal” said on Wednesday.
China will provide us in advance all necessary metals of rare lands and magnets, and duties on Chinese goods will be set at 55 percent. – US President Donald Trump announced on Wednesday, summarizing the agreement with China.
“Our agreement with China has been concluded, is subject to the final approval by the chairman of the 11th and me. All magnets and all necessary metals of rare lands will be delivered from above by China,” Trump wrote on his Truth Social social networking site. Trump announced that in return the US agreed to give China “what was agreed”, including Chinese students' access to American universities.
“We get duties in total 55 percent, China gets 10 %. Relations are perfect!” he added.
In this way, Trump summed up two -day negotiations between US and China delegations in London. Their goal was to be the return and filling the conditions of the truce in the trade war with China, which were originally agreed in mid -May in Geneva. The US accused China of not fulfilling their obligations, maintaining restrictions on some metals of rare lands and magnets used in the production of a wide range of products, including in the arms and automotive industry. The lack of deliveries was affected by American car concerns, which prompted Washington to undertake further negotiations.
As Wall Street Journal writes, 55 percent The duties that Trump said about – is the total rate of new duties imposed by him during this term together with previously imposed. This suggests that customs will remain at the current level, agreed during the meeting in Geneva.
According to “WSJ”, in exchange for access to the key minerals for the industry – to which China has practically a monopoly – the US agreed to relax the export limits of some technologies to China, but the details of specific provisions in this area are not known.
According to the newspaper, citing informed sources, China has established a six -month limit for export licenses of rare lands and magnets for American companies, which will allow Beijing to preserve the means of pressure on the US, if the commercial dispute between the powers had again exacerbated.
The journal writes that in exchange for the resumption of US exports, they agreed to relax their own export restrictions, regarding engines for jet aircraft and etan, gas used in plastic production.
According to the sources of “WSJ”, the US is to endure their restrictions as China granted the license, which, according to the agreement concluded on Tuesday during talks of the power delegation in London, is to “immediately”.
These licenses are to apply to the elements used in the production of electric cars, wind turbines, electronics and military equipment. The export restrictions introduced by China – in response to the radical raising of duties by the administration of Donald Trump – have hit the American industry, including car manufacturers.
Trump in the morning post summarizing the findings from London did not mention the specific concessions that America went except for restoring the possibilities of studying Chinese students at American universities. He assured, however, that China agreed to provide America with “in advance” all necessary materials. He also announced that he would cooperate with the Chinese leader XI Jinping on “Opening of China to American trade”
According to the Bloomberg agency, US President Donald Trump announced that the trade framework with China was finalized, they contain, among others: an agreement on the supply of rare lands by Beijing and access to Chinese students to American universities.
Oskar Górzyński (PAP)
OSK/ MAL/
