The deal removes Chinese export restrictions on rare earths minerals and allows Chinese students access to U.S. universities.

China on Thursday affirmed a trade deal announced by U.S. President Donald Trump, saying both sides needed to abide by the consensus and adding China always kept its word. The deal, reached after Trump and China's President Xi Jinping spoke on the telephone last week,

United States and Chinese officials said they had agreed on a framework for a trade truce, which removed China's export restrictions on rare earths.