China is going to approve all applications for magnets for US companies

Speaking on CNBC:

• China is going to approve all applications for magnets for US companies
• Trump-Xi has to approve final wording
• I am really excited about how this is going to work for America
• China is always trying to remove export controls.
• This is an American agreement only. Not for other countries
• We will take off counter measure
• You can say CHina tariff levels will not change from here
• Confirms 55% tariff on goods from China.
• China said fentanyl halt is not on the table
• We are competing with China on AI and chips.
• We are not going to give them our best chips.
• We stayed very positive for America, and I think it is positive for China as well.
• If an American company applies for magnates, they would approve it right away.

This article was written by Greg Michalowski at www.forexlive.com.