Trade deal between Beijing and Washington aims to lower tariffs, stabilize trade relationship, positive.

From Nasdaq: 2025-06-11 13:58:00

President Trump declared the U.S.-China trade deal “done” on social media following negotiations in London. The agreement aims to stabilize the trade relationship by lifting Chinese rare earth export curbs and easing U.S. tech export controls. U.S. reciprocal tariffs are set to be reduced to 55%, while Chinese duties will drop to 10%.

The deal, subject to final sign-off by Presidents Trump and Xi Jinping, aims to lower U.S. reciprocal tariffs from 145% to 55% and Chinese duties from 125% to 10% on U.S. goods. Many implementation details are pending presidential approval following the London talks led by key officials from both sides.

The announcement of the trade deal being “done” by President Trump brought cautious optimism to U.S. stock futures. The agreement seeks to avert a return to high tariffs and reduce market volatility. Clear, timely implementation is crucial for the success of the deal and the relief it could bring to industries reliant on critical minerals and technology components.



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