Trump says a U.S.-China trade deal is ‘done’
President Trump wrote on social media that a trade deal with China is “done.”
This comes after the U.S. and China announced after two days of high-level talks in London this week that they are returning to a trade framework they reached last month in Geneva, Switzerland.
China says its talks with the U.S. were “reasonable” and “frank.”
“China reiterates that the two sides should act in the same direction, keep their promises and fulfill their actions, show the spirit of integrity in abiding by their commitments and the efforts to implement the consensus,” China’s state news agency Xinhua wrote after the London talks.
Trump said Wednesday that base American tariffs on Chinese goods will increase to 55% and Chinese tariffs on American goods will be set at 10%. Until a trade truce last month, cumulative customs levies the two countries imposed on each other reached as high as 245%.
Trump wrote on Truth Social that as part of the newly agreed trade framework, China would supply rare earth minerals it has a monopoly in producing “up front.” Rare earths had been a key sticking point and China had cut off much of its exports to the U.S. and Europe.
Trump also appeared to reverse an earlier announcement from Secretary of State Marco Rubio that Washington would start revoking visas for Chinese students who had a connection to the Chinese Communist Party or studied in what it called “critical fields.”
“WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!),” Trump wrote on Truth Social.
How Alabama Power kept bills up and opposition out to become one of the most powerful utilities in the country
In one of the poorest states in America, the local utility earns massive profits producing dirty energy with almost no pushback from state regulators.
No more Elmo? APT could cut ties with PBS
The board that oversees Alabama Public Television is considering disaffiliating from PBS, ending a 55-year relationship.
Nonprofit erases millions in medical debt across Gulf South, says it’s ‘Band-Aid’ for real issue
Undue Medical Debt has paid off more than $299 million in medical debts in Alabama. Now, the nonprofit warns that the issue could soon get worse.
Roy Wood Jr. on his father, his son and his new book
Actor, comedian and writer Roy Wood Jr. is out with a new book -- "The Man of Many Fathers: Life Lessons Disguised as a Memoir." He writes about his experience growing up in Birmingham, losing his dad as a teenager and all the lessons he learned from various father figures throughout his career.
Auburn fires coach Hugh Freeze following 12th loss in his last 15 SEC games
The 56-year-old Freeze failed to fix Auburn’s offensive issues in three years on the Plains, scoring 24 or fewer points in 17 of his 22 league games. He also ended up on the wrong end of too many close matchups, including twice this season thanks partly to questionable calls.
In a ‘disheartening’ era, the nation’s former top mining regulator speaks out
Joe Pizarchik, who led the federal Office of Surface Mining Reclamation and Enforcement from 2009 to 2017, says Alabama’s move in the wake of a fatal 2024 home explosion increases risks to residents living atop “gassy” coal mines.
