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.
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.
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:
“Together we are righting the wrongs of the past and delivering a future of economic justice and security for American workers, farmers, and families." — @realDonaldTrump on the Phase One China Trade Deal pic.twitter.com/iPs05Cc5xO
— Ronna McDaniel (@GOPChairwoman) January 15, 2020
This is a real change.
For years China has treated U.S. companies unfairly. Phase One of our agreement with China tears down barriers and levels the playing field. pic.twitter.com/rmVtD4aPEF
— Ways and Means GOP (@WaysandMeansGOP) January 15, 2020
🚨 BREAKING 🚨 President Trump just signed the Phase One Trade Agreement!
China has taken advantage of the US for years. President Trump stood up for Americans and fought for the fairness our workers deserve.
— Kevin McCarthy (@GOPLeader) January 15, 2020
Today, in fulfillment of his campaign promise to renegotiate U.S. trade with China, Pres. Trump will sign a phase one new trade agreement with the country.
In the deal, China has committed to purchasing at least $200 billion American products and services over the next 2 years.
— GOP (@GOP) January 15, 2020
Trump is succeeding where others have failed.