→ US and China have finalized a trade deal after talks in London, with President Trump announcing the agreement is "done," pending final approval from President Xi. → As part of the pact, China will expedite rare earth shipments to the US, while Washington will ease some export controls and allow Chinese students to study in American universities. → Trump highlighted a tariff structure favoring the US (55% vs. China's 10%) and called the relationship between both nations "excellent," saying it marks a major win for both sides.