Former US President Donald Trump dey talk say e reach deal plus China wey go roll back some restrictions dem put for each other economy inside. E mention say China go relax restrictions on rare earth minerals, wey US manufacturers dey need badly.
Wetin Dey Inside Di Deal?
According to Trump, di deal go return di countries to di trade truce wey dem reach for May, after tension rise between dem. E write for Truth Social say: “OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME! RELATIONSHIP IS EXCELLENT!”
Rare Earth Minerals & Tariffs
Di deal essentially mean say China go ease up on shipments of rare earth minerals. In return, US officials go roll back limits wey dem put on exports of US products like ethane and airplane parts. Dem go even consider di visa restrictions wey dem propose.
Trump talk say tariffs between di countries go remain unchanged. E add say US tariffs on China go be “a total of 55 percent.” Dis total dey add di 30 percent tariff wey e put on products from China plus di 25 percent tariff wey e put during e first term.
Wetin Dis Mean For Ghana?
Dis trade wahala between US and China fit affect Ghana indirectly. If prices of goods from China go up because of tariffs, e fit affect how much Ghanaians dey buy. Also, if US start to produce more things demself because of di rare earth minerals, e fit change di market for countries like Ghana wey dey import from both US and China.
E dey important make Ghana keep eye on dis situation and adapt to any changes wey go come.