The United States and China have reached an agreement regarding critical trade disputes, says President Trump. These disputes include rare earth metals and high-end chips. The agreement involved China easing up on rare earth exports,

LONDON (AP) — President Donald Trump announced Wednesday that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.

Two days of trade talks resulted in what leaders called a framework agreement meant to solidify terms of a truce that the superpowers reached in Geneva last month.