White House unveils details of ‘historic’ trade agreement with China following Trump-Xi meeting

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ziggy

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China specifically agreed to:

  • Suspend new export controls on rare earths announced on Oct. 9.
  • Issue general licenses for exports of rare earths, gallium, germanium, antimony and graphite.
  • Take “significant measures” to curb the flow of fentanyl to America.
  • Suspend all retaliatory tariffs imposed since March, including on US farm products such as soybeans, pork, corn and dairy.
  • Remove non-tariff countermeasures targeting US industries.
  • Purchase 12 million metric tons of US soybeans by year’s end and 25 million tons annually through 2028.
  • Resume imports of US sorghum and hardwood logs.
  • Resume trade from Nexperia’s chip facilities in China.
  • Lift sanctions taken in retaliation for the US investigation into China’s maritime, logistics and shipbuilding sectors.
  • End investigations of US semiconductor companies.
  • Extend its market-based tariff exclusion process for US imports through Dec. 31, 2026.

In return, the US agreed to:

  • Cut tariffs on Chinese imports — originally imposed to curb fentanyl flows — by 10 percentage points starting Nov. 10, while keeping higher reciprocal tariffs suspended until Nov. 10, 2026.
  • Extend certain Section 301 tariff exclusions through Nov. 10, 2026.
  • Delay enforcement of a new export rule targeting affiliates of blacklisted Chinese firms until Nov. 10, 2026.
  • Suspend new trade actions linked to investigations of China’s shipbuilding and logistics sectors until late 2026, while continuing coordination with South Korea and Japan to strengthen US shipbuilding.

nypost.com

White House unveils details of ‘historic’ trade agreement with China following Trump-Xi meeting

The agreement, which was described by the administration as a “massive victory,” was finalized this week during a bilateral meeting in Busan, South Korea.
nypost.com nypost.com
 
Shanaka Anslem Perera
@shanaka86



THE TRADE DEAL IS A DISTRACTION. THE REAL STORM IS HERE.They want you to look at China. But the unchangeable math of fiscal collapse is already in motion.The deficit is not a future problem. It is a $1.9 Trillion present. The national debt is not stabilizing. It is a $38 Trillion monument to a system failing. Rate cuts are not a cure. They are an admission of severe economic pain that will ignite inflation's second wave.This is not speculation. It is trajectory.While headlines celebrate a temporary truce, central banks are executing a silent, violent exit. They bought a record 1,081 tonnes of gold last year. They see the endgame. De-dollarization is not a theory; it is a strategic reality unfolding in real-time.The trade deal does nothing to stop this. It cannot print fiscal responsibility. It cannot undo the structural inflation embedded by decades of easy money. It cannot stop the global flight from a dollar system buckling under its own debt.The temporary dip in gold is a trap … a fleeting silence before the seismic shift.The real trade is not with China. The real trade is against a system in irreversible decay. Gold is not just an asset. It is the lifeboat.When the celebration fades and the deficits remain, when the cuts come and inflation roars back, the re-rating will be historic. The paradigm has already shifted.The wise are not watching the news. They are watching the balance sheets. The storm is not coming. It is already inside the house.
 
DragonBear is sure that the clock is working for them....something Putin critics generally dont see as the Russians fight a war of attrition against NATO......dont go for the hammer blow.
 
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