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Trump's new China trade deal is still bad for US business & consumers

AppleInsider Friday, 27 June 2025 ()
Trump has signed a trade deal with China that will see it withdraw the rare minerals ban that affects iPhones, though it still leaves US consumers paying far more for imported goods.

Tim Cook and Donald Trump in a meeting at the White House in 2018

Among the responses to Trump's "reciprocal" tariffs, China halted rare earth mineral exports in April 2025. Now according to multiple sources including Reuters, that ban may be lifted.

There are few details so far, and no confirmation of whether all such rare mineral exports will resume. The news broke as Trump casually mentioned "we signed with China yesterday," and officials subsequently revealed that the deal was made earlier in the week.Continue Reading on AppleInsider | Discuss on our Forums
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