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Thread: Trump Signs China Trade Deal

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    Trump Signs China Trade Deal

    U.S., China Sign Deal Easing Trade Tensions





    WASHINGTON—The U.S. and China signed a landmark deal to sharply increase sales of U.S. goods and services to China and help companies operating in China by better protecting their intellectual property and opening further Chinese markets, especially in financial services.

    The eight-part agreement acts as a cease-fire in a two-year trade war that has roiled markets globally and cut into global growth. As a condition of Beijing signing the deal, the U.S. agreed to cut tariffs on $120 billion in Chinese goods by half to 7.5% and to forgo other planned tariffs. A host of difficult issues, which have been the heart of the trade battle, including Chinese subsidies to domestic companies and the behavior of Chinese state-owned firms were pushed off to later rounds of talks, which aren’t expected to conclude until after the U.S. presidential election in November.

    President Trump, speaking to a packed East Room in the White House on Wednesday, called the deal a “momentous step—one that has never been taken before with China—toward a future of fair and reciprocal trade.” He said he planned to visit China “in the not too distant future,” and meet with Chinese leader Xi Jinping, who he called “a very, very good friend of mine.”

    https://www.wsj.com/articles/u-s-chi...ns-11579087018




    The Left Media and Pundits said this would never happen, that China would Eat our Lunch!

    "Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free."

    - Ronald Reagan

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    Meanwhile democrats are jacking each other off.

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    Quote Originally Posted by Hillofbeans View Post
    Meanwhile democrats are jacking each other off.
    So much winning!




    Why can’t the dems get on the team America?

    "Laws that forbid the carrying of arms . . . disarm only those who are neither inclined nor determined to commit crimes." - Cesare Beccaria

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    Quote Originally Posted by RMNIXON View Post
    ...
    The Left Media and Pundits said this would never happen, that China would Eat our Lunch!

    China *IS* going to eat our lunch. There is an estimated 50 billion dollars a year in agricultural products sales to China.

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    Not just WINNING but doing this without any Help from the Democrats in Congress.

    Pelosi put on her Impeachment Show of Stupid this morning for the Left Media and who cares?
    "Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free."

    - Ronald Reagan

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    I'm sure this deal is the first on in years that hasn't made us a doormat ~ like to read it ```

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    Quote Originally Posted by MisterVeritis View Post
    China *IS* going to eat our lunch. There is an estimated 50 billion dollars a year in agricultural products sales to China.
    Literally. Then, after the First year, it goes up. FBN had a pundit saying it would be more like 100 billion.
    Farmers are excited and starting to expand their farms. Out here in Rural NC, we see Combines etc., rolling on flatbeds, as shiny as a new penny.
    I know the Farm I like to buy my beef from, is buying a new tractor(200K) and is looking for Land. They plan on raising the Beef and Pork, and now thinking about Lamb and Turkeys.
    I see people prepping for Spring Planting Season, Already. And my neighbor, who raises feed Corn and Hay, says he needs to double his output this year, to fill the new orders.
    Trump Rocks the Farm. Farmers have been the beneficiaries of the Tariffs and have been happy, overall, with Trump.

    At least in my neck of the woods.

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    Quote Originally Posted by Big Dummy View Post
    So much winning!




    Why can’t the dems get on the team America?
    I dunno about that...last few years been really tough on AGRICULTURE and as a former Grain Elevator guy I could feel the PAIN and Aingush many of our customers were feeling .

    Never Forget the guy who was Crying in the Office saying I'm "ruined" ...already Low Prices and he was HOCKED out...add to that "Docked" for High Moisture or Pay for Us to DRY

    A week later his Uncle stopped by to pick up a check himself and they asked about Cliff was doing ....

    said that SOB can't even pay me my Land Rent nor the folks down the road

    Another thing @<a href="http://thepoliticsforums.com/member.php?u=2628" target="_blank">Big Dummy</a> is that in many cases CHINA still CHEAPER even with TARIFFS..

    Others just moved to other parts of ASIA or South America
    Last edited by Karl; 01-15-2020 at 02:48 PM.
    ..

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    Quote Originally Posted by tiny1 View Post
    Literally. Then, after the First year, it goes up. FBN had a pundit saying it would be more like 100 billion.
    Farmers are excited and starting to expand their farms. Out here in Rural NC, we see Combines etc., rolling on flatbeds, as shiny as a new penny.
    I know the Farm I like to buy my beef from, is buying a new tractor(200K) and is looking for Land. They plan on raising the Beef and Pork, and now thinking about Lamb and Turkeys.
    I see people prepping for Spring Planting Season, Already. And my neighbor, who raises feed Corn and Hay, says he needs to double his output this year, to fill the new orders.
    Trump Rocks the Farm. Farmers have been the beneficiaries of the Tariffs and have been happy, overall, with Trump.

    At least in my neck of the woods.
    @Karl
    "Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free."

    - Ronald Reagan

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    That money is never coming back, what are you going to do wave your magic wand ..........................

    WINNING!

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