Rebalancing Trade with China
This week in the Republic of Korea, President Donald J. Trump reached a significant trade and economic agreement with President Xi Jinping of China. This landmark deal represents a massive victory that safeguards U.S. economic strength and national security while prioritizing American workers, farmers, and families.
The historic agreement includes Chinese commitments to:
- Halt the flow of precursors used to make fentanyl into the United States.
- Effectively eliminate China’s current and proposed export controls on rare earth elements and other critical minerals.
