Trump’s China Trade Deal: Framework or Finalized?
- Schulz Trade Law
- Jun 12
- 2 min read
Trump’s China Trade Deal: Framework or Finalized?
June 11, 2025
Hopeful Headlines, But Not Yet a Done Deal
President Trump announced a new trade agreement with China, celebrated as a breakthrough by White House officials. However, trade attorney Michelle Schulz, founder of Schulz Trade Law, urged caution on the China Trade Deal:
“It’s still a framework… It gives us a little bit of hope, but we wait and see.”
The deal reportedly revives terms discussed during the May Geneva truce and was outlined during late-night negotiations in London. As of now, neither President Xi nor Trump has signed it, leaving global markets in limbo.
Tariff Tensions and Rare Earth Realities
The deal outlines a 55% tariff on Chinese goods and a 10% tariff on U.S. goods, prompting questions about economic leverage and equity.
“I’m a little skeptical,” Schulz noted. “China has quite a bit of leverage… We need rare earth minerals to make technology, cars—pretty much anything.”
She questioned why the U.S. would accept such an imbalanced tariff arrangement, especially given China’s dominance in critical mineral supply chains essential to U.S. manufacturing.
Deal or Delay: Details Will Decide
Despite headlines touting a deal, Schulz emphasized the process is far from over.
“The devil’s in the details… We’re looking at about mid-August for the details to be fleshed out.”
Approval will likely hinge on complex factors such as tariff codes, exemptions, and actual Chinese concessions on mineral exports. Schulz concluded that while diplomatic momentum is promising, the legal and logistical groundwork remains unfinished.
EWTN Radio (Catholic-oriented radio network)
Host: Tara Mergener // @TaraMergener
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