Trump Signs ‘Phase One’ Of Historic New Trade Deal With China

While Democrats continue to waste the people’s time chasing their fake impeachment proceedings, Trump is getting the job done.

As promised, he is already delivering on a trade deal with China.

Townhall reports:

Trump Signs ‘Phase One’ of Trade Deal with China

President Trump signed Phase One of his trade deal with China on Wednesday, heralding it as a measure that will bring about “a sea change in international trade.”

“We never had a deal” with China before that serves American interests, Trump said at the White House signing ceremony. But he said he didn’t blame China that, he blamed his predecessors.

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Politico has details and this sounds good for America:

The target for manufactured goods purchases will be the largest, worth around $75 billion. China will also promise to buy $50 billion worth of energy, $40 billion in agriculture and $35 billion to $40 billion in services, the three people said.

Analysts have speculated for weeks about what kinds of purchases China could make in these sectors.

“Energy products are specifically mentioned in the section on ‘Expanding Trade’ in the fact sheet produced by the USTR on Dec. 13, 2019,” said Moody’s Analytics chief Asia-Pacific economist Steve Cochrane. “So it seems like a good possibility to be included in the details of the phase one agreement to be signed on Wednesday.”

Here’s a video of Trump making the announcement:

This is a real change.

Trump is succeeding where others have failed.

 

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