š Trump & Xi Seal āGeneva 2.0ā Trade Truce? Rare Earths, Tariffs & Global Drama! š„
- MediaFx
- 1 day ago
- 2 min read
TL;DR:U.S. and China just agreed in London on a new framework to revive the Geneva trade truce made in Geneva last month š®āšØ. It keeps tariffs, speeds up rare-earth exports, and allows Chinese students in U.S. ā all pending final sign-off by Trump and Xi š¤. But experts warn this is a fragile fix, with deep distrust, tight export-control turf, and no clear path to a full deal. #TradeWar #RareEarths #Diplomacy

š„ Big Picture
After months of titāforātat tariffsāpeaking at ~145% U.S. on Chinese goods and ~125% China on U.S. goodsānegotiators say a truce is back on š. Talks in Geneva paused tariff escalation; London now aims to implementĀ it #GenevaDeal #LondonTalks.
š Whatās In the Agreement?
No rollbackĀ on tariffs yet ā they stay at current levels (30% U.S., 10% China) for now #tarifftruceĀ .
Rareāearth mineralsĀ (key for autos, defense, semis) to be shipped fast by China, addressing a critical U.S. supply need šāļø #RareEarths.
Chinese studentsĀ back in U.S. campuses ā Trump says itās āalways been good with meā š #Education #SoftPower.
š Timeline Recap
Date | Event |
Feb 1āMar 4, 2025 | U.S. slaps 10ā20%, then 145% tariffs; China retaliates with up to 125% tariffs and rareāearth export curbs. #TradeEscalationĀ |
May 12ā14, 2025 | Geneva deal: U.S. tariffs cut to 30%, Chinaās to 10% for 90 days. #GenevaTruce |
Jun 9ā10, 2025 | London talks in Lancaster House: plan to implementĀ Geneva terms, pending approval. #LondonFramework |
š¤ Why It Matters
Supply chains: Rareāearth access critical for EVs, defense tech, chips šš”ļø #TechStock
Economic relief: A truce may calm stock marketsāFTSE 100 hovered near record, futures mixed #MarketWatch.
Diplomatic spotlight: U.S. seems unprepared for Chinaās leverage, while global partners crave stability #Geopolitics.
ā ļø Risks & Warnings
MistrustĀ is deep ā both sides accuse each other of cheating, e.g., exportālicense delays #SkepticismĀ .
Pending signāoffĀ ā final thumbsāup needed from Trump and Xi, no timeline yet. Could still fall apart.
Strategic inconsistency: Critics say Trumpās approach lacked coherent strategy and allied support #WeakDiplomacy.
ā MediaFx POV
From a workingāclass & leftist lens, this deal is a tactical pauseĀ to relieve immediate painānot a solution. The real issuesālike global supplyāchain justice, workersā rights, and global equalityāremain untouched. The rareāearth mineral raceĀ is a proxy for geoāimperial capitalism, not a fair trade consequence. We call for a multilateral, people-centric trade systemĀ that prioritizes workersĀ and the planet over profitĀ š·āāļøš.
What do YOU think?Ā Drop your thoughts below ā should India push for equitable trade or beware being caught in the middle? Let's talk š