China–Trump Tariff Deal: 55% Tariffs, Rare Earth Concessions, But No Real Resolution
China–Trump Tariff Deal: 55% Tariffs, Rare Earth Concessions, But No Real Resolution
The latest US–China tariff deal lowers tariffs slightly but leaves businesses facing high costs and ongoing uncertainty. Rare earth exports resume, but supply chains remain fragile. Here’s what it means for your sourcing strategy.