<ul data-eligibleForWebStory="true">President Trump announced that the U.S.-China trade deal is finalized pending approval from President Xi and him.The agreement includes provisions for supplying magnets and rare earths by China and reciprocal arrangements for Chinese students in U.S. colleges.Trump highlighted a positive relationship with China, mentioning tariffs of 55% for the U.S. and 10% for China.Both Trump and President Xi expressed intentions to enhance American trade access to China.Commerce Secretary Lutnick anticipates Trump approving the deal soon.Senior Chinese negotiator Li Chenggang mentioned an agreement in principle between the U.S. and China.The negotiation focused on increased exports of rare-earth minerals and easing restrictions on technology sales.Positive trade developments with China are beneficial for Apple and AAPL shareholders, leading to increased stock prices.