WASHINGTON (AP) — President Donald Trump announced Wednesday that the United States will get magnets and rare earth minerals from China under a new trade framework and that tariffs on Chinese goods will total 55%.

In return, Trump said, the U.S. will provide China “what was agreed to,” including allowing Chinese students to attend American colleges and universities. The Republican president had recently begun to clamp down on the presence of Chinese nationals on U.S. college campuses .

What Trump described as a “deal” actually is a framework to help the U.S. and China eventually negotiate a sought-after trade agreement, which Trump intends to do with numerous countries but so far has been unable to execute on as quickly as he promised the public he’d be able to.

So far, Trump

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