President Donald Trump took to social media on Wednesday morning to announce progress on a trade deal with China, a development he claims could significantly impact American consumers.

In a post on Truth Social, President Trump declared, "Our deal with China is done," although it remains subject to final approval from him and Chinese President Xi Jinping. President Trump emphasized that the agreement includes the provision of essential raw materials such as rare earth elements, stating that China would supply these resources upfront. The United States, in return, would adhere to its commitments, including allowing Chinese students to study in American colleges and universities—a move he supports.

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