Trump Declares U.S.-China Trade Deal ‘Done’, Tariffs Remain at 55%:

Trump Declares U.S.-China Trade Deal ‘Done’, Tariffs Remain at 55%:

Daily Current Affairs   /   Trump Declares U.S.-China Trade Deal ‘Done’, Tariffs Remain at 55%:

Change Language English Hindi

Category : Business and economics Published on: June 14 2025

Share on facebook

U.S. President Donald Trump has announced a new trade framework with China that secures U.S. access to Chinese rare earth minerals and magnets. Tariffs on Chinese imports will remain at 55%, which includes existing import duties. In return, the U.S. will allow Chinese students to study at American institutions. Although called a “deal,” it is in fact a preliminary framework to eventually form a full-fledged trade agreement. A White House official clarified that the tariff rate reflects earlier levies, not a new increase.

Recent Post's
  • Jannik Sinner defeated Jiri Lehecka to complete the historic Sunshine Double at Miami Open 2026 without dropping a single set.

    Read More....
  • AIIMS New Delhi alumna Nisha Mehta was sworn in as Nepal’s Health and Population Minister on March 27, 2026.

    Read More....
  • India hosted a major maritime security exercise under IONS in Kochi and assumed chairmanship for 2026-2028 term.

    Read More....
  • Mahavir Jayanti 2026 is being celebrated with great devotion today on March 31, marking the birth anniversary of Lord Mahavir.

    Read More....
  • Jammu & Kashmir’s 19-year-old Sheetal Devi was named Para Archer of the Year 2025 by World Archery.

    Read More....
  • Popular Bengali actor Rahul Arunoday Banerjee died at 43 in a tragic shooting accident near Digha coastal town.

    Read More....
  • Raymond Group former Chairman and Padma Bhushan awardee Vijaypat Singhania passed away at the age of 87.

    Read More....
  • Adani Defense delivered the first batch of 2000 ‘Prahar’ Light Machine Guns to the Indian Army, 11 months ahead of schedule.

    Read More....
  • The Union Government launched the Amrit Bharat Station Scheme for redevelopment of 1338 railway stations across India.

    Read More....
  • Sunil Narine became the most-capped overseas player in IPL history with his 190th match for Kolkata Knight Riders.

    Read More....