Speaking on CNBC:
China is going to approve all applications for magnets for US companiesTrump-Xi has to approve final wordingI am really excited about how this is going to work for AmericaChina is always trying to remove export controls.This is an American agreement only. Not for other countriesWe will take off counter measureYou can say CHina tariff levels will not change from hereConfirms 55% tariff on goods from China.China said fentanyl halt is not on the tableWe are competing with China on AI and chips.We are not going to give them our best chips.We stayed very positive for America, and I think it is positive for China as well.If an American company applies for magnates, they would approve it right away.So many trade deals coming. We will be focused on other deals starting today. We are in good shape, but being in good shape is not good enoughTariff deal after deal will start, and it will be starting next week, and the week after.Europe is more than thorny
This article was written by Greg Michalowski at www.forexlive.com.