China-as trade deal: US President Donald Trump said the US and China have signed the trade agreement. With this, Trump also hoped to do a trade deal with India soon. US Commerce Minister Howard Lutnik told in an interview to Bloomberg TV that in the beginning of this week, there is talk on the trade deal between the two countries. However, none of both Lutynik and Trump gave more details about this.

Two countries meeting was held in Geneva

Trump said on Thursday night, we have signed a trade deal with China. Lutnik also informed about signing and sealing on this deal two days ago. Recently on June 11, Trump said that there was an agreement between the US and China, under which China will supply magnets and rare mineral elements and in return the US will allow Chinese students to study in its colleges and universities. After this rare mineral deal with China, the US will impose 55 percent tax on goods and only 10 % on goods coming from America if it is imported from China.

Is China going to supply rare meaning in America?

On Thursday, Bloomberg News quoted US Commerce Secretary Howard Lutenik as saying that “China is going to deliver us the rare meaning.” If they do this, then we will also remove the sanctions imposed on them. ”

He cited the export sanctions imposed on China in May as US authorities accused Beijing of not respecting the agreement in Geneva that month and stopping the export of rare soil. Donald Trump also informed about the quick deal with India at a program organized to pass the Tax and Expenditure Cut Bill of the Republican Party at the White House on Thursday.

China also confirmed

China’s Ministry of Commerce also said on Friday that both sides confirmed the details of the framework. However, there was no mention of sending rare economy magnets to America in this statement. However, this statement said, “China will approve export applications of controlled goods that fulfill the conditions according to the law. The United States will cancel a series of restrictive measures raised against China accordingly. It is expected that both America and China will take initiatives in equal.

Earlier, in early May there was a meeting between the officials of the two countries in Geneva, which was aimed at reducing the trade deal as it was considered dangerous for the global economy. During this time the American side was led by Treasury Secretary Scott Besant and Top Business Representative Jamison Greer. At the same time, China represented China.

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Us china trade talks: US President Donald Trump has said that his cabinet representatives in London will negotiate a trade agreement with Chinese officials on 9 June 2025. Trump wrote on his social media platform ‘Truth Social’- “I am happy to tell that US Finance Minister Scott Besant, Commerce Minister Howard Lutynik and business representative Jamison Greer will meet representatives of China in London on Monday, June 9, 2025. The meeting will be held on the trade agreement.”

Discussion on phone between Trump and Xi Jinping
This meeting is taking place at a time when there was a recent phone conversation between Trump and Chinese President Xi Jinping. Trump described it as a positive conversation and said that now the teams of both countries will discuss business issues together. He spoke about the end of concern about the business of rare economy (rare minerals).

America-China Trade War: What is the case?
The Trump government had earlier imposed heavy tariffs on steel and aluminum. After this, 145% tax was imposed on China, on which China also imposed 125% counter -tax. Since then, there has been a constant trade tension between the two countries.

90 -day deal was done, but the problem remains intact
On May 12, a 90 -day temporary deal was signed between the two countries. In this, the US reduced the tax on Chinese goods from 145% to 30% and China reduced the tax on US goods from 125% to 10%. But this agreement was limited to tax only. There was no solution on many important issues such as the illegal trade of Fantanil drugs, the political status of Taiwan and the export-based economic policies of China.

China’s charge: America is not following agreement
China has accused the US that it is breaking the agreement by imposing new restrictions. Earlier this week, the Chinese Ministry of Commerce of China accused the US of “taking discriminatory restrictive steps”. These include restriction on export of AI chips, ban on sale of chip design software, and cancellation of visas of Chinese students.

Us china slash tariffs: After a high -level talks between the two economic superpowers of the world, the US and China put a brake on a mutual confrontation on Wednesday. Both countries announced a huge cut in tariffs up to 115 percent for 90 days over each other. Both Washington and Beijing agreed to temporarily stop the trade war, which caused chaos in the world around the world and the supply of goods at the international level was very badly affected.

After two -day intensive talks in Geneva, the US agreed to reduce the tariff from 145 percent to 30 percent on goods imported from China to 30 percent. On the other hand, China also announced to reduce the tariff rate from 125 percent to 10 percent. After the tariff cut, these new rates will also be applicable in Washington from midnight on Wednesday. This cut in tariff is considered an important step towards reducing tension between the two countries.

What came out in the conversation?

In an interview to Fox News just before the announcement in tariff rates between the US and China, President Trump said on Tuesday that Washington has prepared the entire blueprint to do a very strong trade deal with China. The interesting thing in this is that after this, China’s economy will open for American business. Trump further said that along with this, we are also trying to open the economy here for the business of China.

Earlier, Trump’s hard tariff policy had the worst impact on China’s economy. However, Beijing had also increased the counter duty to 100 % by reversing Washington. This tariff of Trump increased the troubles of those American companies which were producing in China.

Is the trade war over?

In such a situation, the question is arising that now due to which there was tension between the two countries, it is now over? The answer is- no. Despite the reduced tension between the US and China, the issues of dispute still remain. The rates of tariffs installed by America are higher than China. Washington leveled 20 percent additional charge, because Trump complained that imported chemicals from China are used to make medicines.

Washington has been accused of Phantyle Trade for a long time on behalf of Washington, which Beijing has been refusing. On the one hand, while the US has indicated further talks on this issue, on the other hand, Beijing has warned Washington to stop making allegations. In such a situation, experts believe that after this warning of Beijing, the tariff of 90 days, that time, the time can again create a situation of uncertainty again.

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Tata speed up iphones production: Stress increased due to Trump’s tariff is now on the verge of almost ending between the US and China. After a long talks between the two countries in Geneva for the last two days, the business agreement has been agreed. A statement in this regard has also been issued by the White House. That is, the conflict between the two countries due to tariffs will now end.

On the other hand, Tata is working on a plan to increase iPhone production in India. The Economic Times quoted sources as saying that the production of iPhone being built in a new plot in Hosur, Tamil Nadu has started and its shipment will also start in May.

Increased production of iPhone

Due to the tariff, Apple has made a plan to shift the main manufacturing hub China to India. After a confrontation between Washington and Beijing, Apple has planned to shift his business to India. About 300 to 500 iPhone units can be produced in the plot. According to media reports, the iPhone 16 and 16E will be produced in it.

According to reports, the plant is expected to be fully operated by December 2027. When this plant will run with full capacity, then about 50 thousand new jobs are being estimated to produce. However, Tata has not made any kind of comment on this. On the other hand, the plant is also being prepared at a cost of $ 2.6 billion of FoxConn of Taifan and production will start soon in the coming days.

Apple shifting India

Significantly, the total global production of iPhone is currently made in China, while only 18 percent production is being done in India. Taking steps, Apple has decided to prepare all the iPhones sold in the US in Indian factories by the end of 2026.

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The price of gold increased on April 22 when it crossed 10 grams per 10 grams. However, the market experts were already expecting that by the end of April i.e. till the arrival of Akshaya Tritiya, the gold could cross 1 lakh. But, since then, there is a decrease in gold prices continuously in a few days. According to the Indian Bullion Association, gold has fallen 0.8 percent to 10 grams per 10 grams on Tuesday.

Even globally, the price of gold has fallen by about 1 percent. Spot gold rate has fallen by 0.8 percent to $ 3,314.99 an ounce. While US gold futures have fallen 0.7 percent to 3,325 per dollar.

Gold prices fell globally

According to market experts, the major reason for the fall in gold prices is the decrease in tension on world trade and the positive trend of investors in the global market. US Treasury Secretary Scott Besant recently said that many top trading partners including India have received many better proposals in exchange for American tariffs. He also said that there may be business agreements with India soon.

Apart from this, China’s decision to remove some tariffs over American goods is also considered a step towards reducing stress. The US government has also indicated that they will reduce auto tariffs, which may improve business relations.

Gold price coming down from the sky

VP Research Analyst Jitan Trivedi in LKP Securities said- The reason for the stress prevailing in business relations is due to the American, the American has opened the way to many countries for talks on tariffs. At the same time, the statement of US President Donald Trump of the early business agreement between China and American has also helped in reducing stress. In addition, a possible peace agreement between Russia and Ukraine has also reduced the spirit of safe investment in gold.

As soon as the feeling of fear in investors is over, they will come out of the thinking of investing money in safe investment. If there is a decrease in the demand for gold, its price will fall. Experts say that due to the fear of global recession and reastence in the international market, gold had reached $ 3,500.05 an ounce earlier.

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