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Trump hails trade deal with China as one of the largest ever made

Bucky

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As per an earlier statement from the White House , the U.S. leader also said China would now look to buy from the U.S. a "tremendous amount of agricultural and other products," in a bid to address the one way flow of trade.

"It'll have an incredibly positive impact on farming, meaning agriculture, industrial products, computers, every type of product," Trump told a gaggle of reporters.

The U.S. government had threatened to more than double the tariffs it has already placed on $250 billion worth of Chinese imports, while Xi's government has put targeted tariffs on $110 billion in U.S. goods.

"What I'd be doing is holding back on tariffs. China will be opening up. China will be getting rid of tariffs. You know, China right now has major trade barriers — they're major tariffs — and also major non-tariff barriers, which are brutal," Trump said.

Trump also suggested that following their talks, President Xi could now approve a deal for Qualcomm to buy chip rival NXP.

"The Qualcomm deal that they rejected — which was one of the larger deals of its kind, which China rejected — if that deal came back to him, he would most likely approve it quickly, which is a big thing."

https://www.cnbc.com/2018/12/02/tru...th-china-as-one-of-the-largest-ever-made.html

Ineed. When China starts buying agricultural products from the U.S, that truly will be historic.
 

chuckiechan

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https://www.cnbc.com/2018/12/02/tru...th-china-as-one-of-the-largest-ever-made.html

Ineed. When China starts buying agricultural products from the U.S, that truly will be historic.

Do you mean in the colonial sense?

They do buy a lot of Ag.

What we want them to do is become a free market, and deal has honest merchants. That will never happen. They are after our ass. A company called "Landbridge" is working with Panama to improve canal periphery infrastructure. That means China will make loans they will default on and China may end up controlling the canal, and we will go to war to prevent that.

China doves in the USA are slowly waking up to the Chinese long game.

BTW, the opiods coming in from China are not by accident. China is a police state. They know who is making them, and they know where they are being sent and they are looking the other way... Like the opium wars of the 1800's only we are the victims.
 

Bucky

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Do you mean in the colonial sense?

They do buy a lot of Ag.

What we want them to do is become a free market, and deal has honest merchants. That will never happen. They are after our ass. A company called "Landbridge" is working with Panama to improve canal periphery infrastructure. That means China will make loans they will default on and China may end up controlling the canal, and we will go to war to prevent that.

China doves in the USA are slowly waking up to the Chinese long game.

BTW, the opiods coming in from China are not by accident. China is a police state. They know who is making them, and they know where they are being sent and they are looking the other way... Like the opium wars of the 1800's only we are the victims.

We have a lot of proucts being throw away.

In Michigan for example, a million pounds of tart cherries are being thrown away because of other countries dumping their cheap products in our country:

https://www.huffingtonpost.com/entry/tart-cherries-dumped-santucci_us_579e3689e4b0e2e15eb63527
 

Bucky

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Chinese stock market up...... us pre market is up.
 
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