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U.S. President Trump stated that he is "very close to reaching a protocol" with China to extend the trade truce, with both countries agreeing to reduce the long wick candle tariff increases and ease export restrictions on rare earth magnets and certain technologies. In an interview with CNBC, Trump said, "This is not necessary, but I think we will reach a great protocol." He added that the U.S. is "getting along very well with China." Trump noted, "If we reach a protocol, I will likely hold a meeting (with China) before the end of the year. If we cannot reach a protocol, I will not hold a meet
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