and stocks hit an all time high. Well dne Mr. President. Details to follow on what is all in this phase... Somewhere in the neighborhood of $200 billion in China investments, I am hearing. https://finance.yahoo.com/news/stock-market-news-live-updates-january-15-2020-124017678.html $75 billion in Manufacturing $50 billion in Energy $50 billion in Agriculture $40-50 billion in Services Protection of Intellectual Property #ChinaTradeDeal
Anyone think someone in the Democrat cast of clowns could have done this? I don't. Remember Obama ran on redoing Nafta and didn't in eight years, Trump did in a year and a half where it sat on Nancy's desk for political reasons, sacrificing thousands of US, Mexican and Canadian jobs.
No. Trump works for the American people. He doesn't send pallets of cash to terrorists to kill our troops.
Guam is going to be nuked and the Trade War is going to doom us all!!! The educated experts spoke so it will happen!!! Damnit Trump!
... US taxpayers have spent about $28 billion bailing out farmers, including payments to trade groups and purchases from food banks. The pause in the trade war gives Trump something concrete to offer farmers, a crucial element of his Midwestern firewall, heading into the 2020 election. ... In a letter, China's President Xi Jinping told Trump that the agreement was a sign their two countries could resolve differences through dialogue. ... https://www.cnn.com/2020/01/15/politics/us-china-trade-deal-phase-one-signed/index.html So, er, good job getting China to sign off on a pause in the trade war you started in order to help your 2020 election chances? Yay?
Thank god people like Krugman has access to a mouth piece like the NY Times to warn us for over a year with his vast expertise! And thank god we had what seems like hundreds of threads here telling us every utterance from the all wise Krugman! Thank god the bearers of his holy voice insulted and smeared those who tried to downplay what he was saying! The damn heathens! Thank god no one will bump said threads..........
Going by ones campaign promises usually does help your re-election causes.. Bravo for pointing it out.
He promised to screw farmers over, then get some temporary relief for them just in time for the next presidential election?
People pretending this "trade deal" is more than it is simply because they're devoted to Dear Leader Trump and really want to believe that he is "winning" is amusing.
He promised to get a better trade deal with china who had been given a prior deal created by idiots. No one had the balls to do it. His hating crowd are eunuchs. For years our consumer goods were made in china after our govt allowed America to be disemboweled of middle class jobs while our main export to china was scrap! That was a trade deal created and allowed by idiots. So the idiots called trump crazy for wanting to change that .These idiots are very stupid people and most are educated. Clearly idiots are educated but that shows an education isnt working . It creates idiots.
Well, that's still the way things are and Trump isn't going to change it, because extremely cheap labor and much lower environmental standards in the "developing" countries is a universal, undeniable reality that no trade agreement is going to change. Besides, those manufacturing jobs aren't that valuable. Having worked some unskilled manufacturing jobs, I can tell you they don't pay worth a damn and the companies offering those jobs have little respect for their workers, probably because they are so easily replaced. Having more of those jobs here wouldn't be any great benefit to the economy, and having those plants here would lead to more environmental pollution anyway. You want the kind of air, land and water pollution that China's industrial cities experience? Trump isn't trying to change this, either. All he is trying to do is force the Chinese into cracking down on intellectual property and copyright laws, which will benefit the American corporations operating there, not American workers. He isn't even trying to bring jobs home from China despite the rhetoric and whatever it is you imagine this trade deal will accomplish. It's as unrealistic an idea as stopping the flow of illegal immigration and drugs by building a border wall.
looks like Trump got almost nothing and what did Trump give China "U.S. Removes China From Currency Manipulator List Before Signing of Trade Deal" https://www.politico.com/news/2020/01/15/hole-trump-china-trade-deal-099327
this is like Trump's deal with North Korea, it literally is the weakest deal ever https://www.politico.com/news/2020/01/15/hole-trump-china-trade-deal-099327 "Trump himself has begun to lower expectations, saying he’s in no rush, and his top allies are warning the next phase might not conclude until after November’s presidential election. The result is increasing frustration among some American businesses and technology companies who feel Trump is trading away hard-earned leverage in exchange for an agreement that does little to resolve the systemic issues that led the White House to begin imposing tariffs against China two years ago."
Try $12.5 billion in agriculture. The $50 billion is just another Tramp lie! You've been HOAXED by Tramp yet again!
He already had high support from farmers. It's fun watching a liberal pretend to be an advocate for anything rural. Remember, rural folks are deplorable, gun toting, smelly redneck, bitter clingers.
But I thought the only result of the trade war would be a worldwide depression worse than the 1930’s?