Speaking on CNBC:
- China is going to approve all applications for magnets for US companies
- Trump-Xi has to approve final wording
- I am really excited about how this is going to work for America
- China is always trying to remove export controls.
- This is an American agreement only. Not for other countries
- We will take off counter measure
- You can say CHina tariff levels will not change from here
- Confirms 55% tariff on goods from China.
- China said fentanyl halt is not on the table
- We 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 enough
- Tariff 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.