U.S. President Donald Trump on Wednesday said he was very happy with a trade deal that restored a fragile truce in the U.S.-China trade war, a day after negotiators from Washington and Beijing agreed on a framework covering tariff rates.

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

¡°We made a great deal with China. We¡¯re very happy with it,¡± Trump told reporters before a performance at Washington¡¯s Kennedy Center on Wednesday evening. ¡°We have everything we need, and we¡¯re going to do very well with it. And hopefully they are, too.¡±