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Trump endorses trade deal with Beijing on rare earths
The Guardian
|June 12, 2025
Donald Trump has endorsed the US-China trade deal struck in London that will ramp up supplies of rare earth minerals and magnets needed for the automotive industry, saying it will take tariffs on Beijing to 55%.
Acknowledging that his Chinese counterpart, Xi Jinping, still needed to give his final approval on the terms agreed on Tuesday night at Lancaster House, the US president disclosed the pact would also facilitate Chinese students' access to US colleges.
The 55% tariff total appears at first glance to be an increase from the 30% rate agreed in the truce struck last month when both sides slashed triple-digit rates. However, a White House official said it merely reflected Trump's worldwide 10% baseline "reciprocal" tariff on imports, the 20% fentanyl trafficking levy and a 25% pre-existing tariff on China.
Writing on Truth Social yesterday, Trump said: "Our deal with China is done, subject to final approval with president Xi and me... We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent!"
Denne historien er fra June 12, 2025-utgaven av The Guardian.
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FLERE HISTORIER FRA The Guardian
The Guardian
Scotland Triumph and trepidation infuse return to World Cup
Scotland is leaning into one of its most treasured traditions: embracing the hope and anxiety of a football World Cup, with a healthy dose of self-deprecating style.
2 mins
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The Guardian
Violence in Belfast and Southampton has stirred fear and racism throughout the country as police struggle to get a grip on mobs Has unrest become the new normal?
As the people of Glengormley, on the northern edge of Belfast, tidied up and prepared for more violence in the midst of what has been described as a modern-day pogrom, a court 500 miles away in Southampton started to deal with its own outbreak of thuggery.
6 mins
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The Guardian
Pure visual joy Hockney changed the world just by looking at it
David Hockney changed the world just by looking at it. His art was a feast of unabashed visual pleasure, one long orgy of the gaze, the delighted lifelong epiphany of someone who cherished flowers in a vase and freeways in the sun and thought endlessly about new ways of capturing such passing treasures.
4 mins
June 13, 2026
The Guardian
'Beware a vacuum' Why paramilitaries in Belfast decided not to stop the violence
As racist rioting unfolded in Northern Ireland this week, there was a striking dissonance behind the mobs and flames.
4 mins
June 13, 2026
The Guardian
Playing on enemy soil The tug of war facing Iran’s World Cup squad in the US
Iran will present a full-on challenge to Fifa’s “football unites the world” slogan next week by becoming the first country in World Cup history to compete on the soil of a host nation with which it is at war.
3 mins
June 13, 2026
The Guardian
Betfair owner delists from London market
The gambling group that owns Paddy Power and Betfair is to scrap its listing on the London Stock Exchange, in another blow for Britain’s shrinking stock market.
1 min
June 13, 2026
The Guardian
The World Cup bonus What late opening hours could mean for pubs and drinkers
Keir Starmer may have imagined a national morale-boosting programme when his government told hospitality venues that they could stay open until 2am on some World Cup match days, to allow for the time difference with the US, Mexico and Canada, the tournament’s co-hosts, which means many England and Scotland games kick off at night.
4 mins
June 13, 2026
The Guardian
The bee crisis Hidden health costs of world’s disappearing pollinators
There are few ways in and out of Nepal’s Jumla district. The Karnali highway, one of the world’s most dangerous roads, provides the only land link, splicing through the Himalayas to connect Jumla’s terraced valleys to the rest of the country.
3 mins
June 13, 2026
The Guardian
$960 for Keaton nail clippers? The boom in selling off dead celebrities' personal items
From Diane Keaton’s bowler hats and polka dot scarfs, to Gene Hackman’s used paint brushes, to Terence Stamp’s love letters from Jean Shrimpton and even Matthew Perry’s black leather wallet (his credit cards still inside), fans are being offered - for a price - increasingly personal items from the estates of dead celebrities.
3 mins
June 13, 2026
The Guardian
Trees may not store as much carbon as thought
Trees may not be able to store as much planet-heating carbon as hoped, a new study suggests, with researchers finding photosynthesis does not always lead to wood growth.
1 min
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