America President Donald Trump made a big announcement on Friday, saying that the US and China have signed the trade agreement. US Commerce Minister Howard Lutnik told Bloomberg TV that the agreement was signed with China earlier this week. However, both Trump and Lutnik have not shared any details about the agreement. The US President said late Thursday, “We have just signed the agreement with China.” Let us tell you that Donald Trump has soon hoped to have a trade agreement with India.
Both countries will take initiative equally under the trade agreement
Howard Lutnik said the agreement was signed two days earlier. He said, “The President has to make compromises. We are going to make an agreement one after the other. ”The Chinese Ministry of Commerce said on Friday that the two sides confirmed the details of the outline of the agreement. But his statement does not clearly mention America’s access to rare minerals, which is used in products with high technology such as electric vehicles. China’s limiting rare mineral exports has been the main issue of controversy. It states that China will approve export applications of controlled things that fulfill the conditions according to the law. The US will accordingly can cancel a series of restrictive measures raised against China. It is expected that both America and China will take initiatives equally. ”
There is a big deal between India and America!
Donald Trump said at a program organized to pass the Republican Party’s tax and expert deduction bill at the White House on Thursday, “We have some great agreements.” We are going to make another compromise, probably with India, very big. We are going to open avenues for India. “The President also said,” We are not going to compromise with everyone. We will send only a letter to some people and say that thank you very much. You will pay 25, 35, 45 percent tariffs. This is an easy way. ”Let us tell you that Donald Trump has banned the new tariff policy declared on 2 April till 9 July.
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