President Trump Teases "Framework" For Trade Deal With China

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 12 June 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump on Wednesday teased a tentative trade deal with China that leaves some significant tariffs in place but alleviates some others. In this possible deal, China would resume providing rare earth minerals and magnets to the U.S. and in return the U.S. would allow Chinese students to study in American universities. U.S. Commerce Secretary Howard Lutnick said movement on the trade negotiations were jumpstarted by President Trump’s phone call with China’s Xi Jinping last week. FOX Business co-anchor of The Big Money Show Brian Brenberg joins to talk about what the latest trade deal news means for America and China. Game wardens play a vital role in protecting wildlife and enforcing conservation laws. Many people may not realize that their responsibilities extend far beyond these duties, often working alongside police and other first responders in various emergency situations. Special guest host, retired Staff Sergeant Johnny Joey Jones interviews former Maine Game Warden Jeremy Judd to discuss why Judd chose this career path, the dangers and trauma associated with being a game warden, and the rewarding experiences of helping those in need. You can find the full story in Jones' new book, "Behind the Badge." Plus, commentary from FOX News Contributor Joe Concha. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	I'm Rachel Campos Duffy. I'm Jason Chafetz. I'm Maria Bartramo, and this is the Fox News Rundown.
0:09.3	Thursday, June 12th, 2025. I'm Jessica Rosenthal. A tentative trade deal with China would leave some
0:15.6	significant tariffs in place, but some rare earth minerals we really need would start flowing again, at least
0:21.7	in the short term.
0:22.5	And what we're finding out now is we've got to play this huge game of catch-up.
0:25.4	And it's not easy to do.
0:27.1	It's not easy to do when you're talking about things in the ground that require massive
0:31.5	infrastructure.
0:32.4	I'm retired staff sergeant Joey Jones.
0:35.0	Some of America's first responders don't always receive the same spotlight as police officers
0:40.0	and firefighters, but they too pay a personal price for the danger and trauma they endure on
0:45.7	the job.
0:46.4	When tragedy does strike, we are the ones that go and pick those pieces up.
0:51.0	And I'm Joe Concha.
0:52.1	I've got the final word on the Fox News rundown.
0:58.8	President Trump wrote that the deal with China means they will provide rare earth minerals and
1:04.1	magnets. They'd stopped the flow of those materials during this whole trade fight. The president
1:08.2	said we, the U.S. will give what we've committed to give,
1:11.3	including continuing to allow Chinese students into American universities. And he added,
1:15.6	there will be a 55% tariff on goods coming from China to the U.S. And China imposes a 10% tariff on us.
1:22.2	This is an issue where we're just talking about implementing the Geneva Agreement. The Geneva Agreement
1:26.7	was about getting tariffs down to a mutually acceptable level
	...

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