Trump imposes 55% tariffs on China in new trade deal.

Trump toughens commercial relations with China.

A record-breaking tariff.

President Donald Trump announced that the United States will impose 55% tariffs on Chinese imports as part of a new trade deal still pending approval.

In exchange, China will maintain a 10% tariff on U.S. products.

The announcement comes after two days of negotiations in London and a call described as «very positive» between Trump and Xi Jinping.

The agreement must still be formally approved by both leaders but outlines China’s exclusive supply of complete magnets and rare earth minerals—resources essential for strategic industries like automotive and technology.

Trump imposes 55% tariffs on China in new trade deal

Trump challenges Beijing: maintains 55% tariffs on China despite London negotiations https://t.co/mm7advrc8s

– Okdiario.com (@okdiario) June 11, 2025

Through Truth Social, Trump stated: «Our agreement with China is finalized, subject to final approval from President Xi and myself.»

The president highlighted that the U.S. will secure a total of 55% in tariffs, compared to the 10% applied by China: «The relationship is excellent!» he emphasized.

The pact also includes U.S. commitments such as visa approvals for Chinese students enrolled in American universities—a gesture aimed at de-escalating tensions in another key aspect of the bilateral relationship.

This was reported by EFE.

Background on the negotiations

June 11 | U.S. President Donald Trump announced that, as part of the trade agreement with China—still pending approval—the U.S. will impose 55% tariffs on China, which will maintain a 10% rate on U.S. goods.

«Our agreement with China…» pic.twitter.com/krgnprjqyw

– El Diario (@eldiario) June 11, 2025

According to Li Chenggang, China’s Vice Minister of Commerce, both delegations will prepare a joint report for their respective leaders.

The goal: to establish a reliable working framework.

This follows weeks of tension over mutual breaches of the Geneva agreement.

As noted by EFE.

What’s next

During the meeting in London, sensitive issues were addressed, such as export controls on advanced semiconductors and rare earths—essential inputs for emerging sectors like artificial intelligence and electric vehicles.

This new agreement comes after Washington committed to reducing its tariffs from 145% to 30%, and China agreed to lower its own from 125% to 10%, with a 90-day window for renegotiation.

While technical details still need to be finalized, the announcement marks a new chapter in the complex trade relationship between the world’s two largest economies.

YOU MAY ALSO BE INTERESTED IN: Sheinbaum: U.S. 50% Tariffs Lack Legal Basis