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US–China reach trade framework that could avert 100% tariffs and pause rare-earth curbs — development comes as Trump and Xi prepare to meet this week

Source

Tom's Hardware

Published

TL;DR

AI Generated

US and China have reached a preliminary trade agreement to potentially avoid 100% tariffs on Chinese imports and halt Beijing's restrictions on rare-earth materials. The deal, pending approval by both governments, aims to prevent shortages and price increases in the tech supply chain. The agreement hinges on a meeting between President Trump and Chinese leader Xi Jinping. If finalized, the deal could mitigate the impact on components like cases, coolers, monitors, and motherboards, as well as rare-earth-dependent parts in various tech products.