Following a 1-hour-40-minute meeting in South Korea, President Donald Trump has officially confirmed a framework trade agreement with China! ๐๐ฅ
๐ฐ Key Points (via Reuters & CNBC):
๐น China agrees to a one-year rare-earth export pact โ Trump declares, โthe issue is settled.โ
๐น U.S. cuts tariffs on several Chinese imports from 57% to 47%.
๐น China to resume major soybean purchases from the U.S.
๐น Tariffs on fentanyl-related goods lowered to 10%.
๐น Trump: โWeโve reached a deal โ weโll review it annually. Itโs a tremendous victory for America!โ ๐ช
๐ฌ While Beijing hasnโt released the full statement yet, markets are moving fast โ rare-earths, metals, and China-linked crypto tokens are all seeing a sharp uptick in buying! ๐
๐ Market Sentiment:
Trade tensions are cooling, paving the way for a fresh global risk-on rally.
Savvy investors are eyeing $TRUMP, $WLFI, and China-exposed assets for the next breakout move. ๐
