Trump remarked that China has committed to eliminating non-tariff trade obstacles, which he seems to be alluding to the restrictions imposed on the US exports of rare earth elements in April. However, the stock market surge is experiencing a temporary halt as investors are eager to learn more specifics about the US-China trade deal.
Source: https://www.euronews.com/business/2025/05/13/investors-cautious-as-trump-says-china-removing-non-tariff-trade-barriers