During Donald Trump campaign in 2016, he promised the American people that he would change international trade agreements.
In the past, many of those agreements favored the other nations and not America, but Trump promised to put America first in as many trade agreements as possible.
Some nations, like China, rebelled at Trump’s attempts to renegotiate trade agreements.
As a result, Trump imposed some stiff tariffs on China.
China retaliated with stiff tariffs of their own.
Eventually, both nations saw that the tariffs were hurting both nations, leading to more serious trade talks.
As China’s trade delegation is in Washington DC this week meeting with President Trump, it is being reported that the two sides have come to some sort of an agreement.
The National Sentinel – WINNING: Chinese trade negotiator says Beijing, Washington have reached ‘new consensus’ on an agreement – Percolating in the background, away from Democratic bleating about “collusion!” and other non-sensical, tinfoil-hat conspiracies involving POTUS Donald Trump, his administration has been making steady progress on one of his biggest policy objectives: Inking a mutually beneficial trade deal with our biggest trading partner, China.
In fact, Beijing’s trade delegation, led by Vice Premier Liu He, is in Washington this week meeting with U.S. Trade Representative Robert Lighthizer, the president’s chief economic adviser Larry Kudlow, and Commerce Secretary Wilbur Ross to hammer out a once-impossible agreement that now seems well within reach.
According to state-run news agency Xinhua, Liu — who met with POTUS Trump on Thursday — says the two sides have reached a “new consensus” on the text of a trade agreement that would end tariffs and avoid a potentially devastating trade war which would no doubt only exacerbate geopolitical tensions between the world’s two biggest economies…
Going into the 2020 campaign season, some Democrats have been using the tariffs on China to paint Trump in a bad light to voters.
However, if it is true that Trump and China have reached a mutually beneficial trade agreement, it would kill that Democratic criticism.
Additionally, it would benefit many US workers and farmers, which is not what Democrats want to happen.
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