President Donald Trump and Chinese Vice Premier Liu He signed the long-awaited Phase One trade deal in an elaborate ceremony at the White House on Wednesday, marking a cease-fire in the 19-month-long U.S.-China trade war and boosting the stock market to new record highs.
Trump touted the deal to reporters in his opening comments, calling it “historic,” a “landmark agreement” and a “momentous step” toward fair and reciprocal trade. The stock market soared on the news, with all three major indexes rising to new record highs: The S&P 500 was up 0.20%, the Dow by 0.37% and the Nasdaq by 0.23%.
The deal includes agreements on intellectual property protection, forced technology transfer and currency rules, along with a major pledge from China to buy at least $200 billion of U.S. exports over two years, including a $16 billion-a-year increase in Chinese purchases of U.S. agriculture products.
While Trump lauded the deal, market experts have expressed some skepticism: There are some decent-size numbers in terms of agricultural purchases—and that’s one sector that should benefit from this—but overall we’ll see more of a return to pre-trade-war levels of Chinese purchases rather than significant new markets,” Charlie Bobrinskoy, head of Ariel Investments, toldA significant portion of tariffs—25% on some $250 billion worth of Chinese imports—will also remain in effect, at least until a...
skleb1234 Trump is criminally using the US economy as a structure of Nazi/White Supremacist control.Hitler used tariffs to benefit the Nazi economy (1933-45).Hitler used this benefit to the Nazi economy to fund his global invasion. It’s proven that Trump is criminally doing the same.-API🌅
skleb1234 Trump is criminally using the US economy as a structure of Nazi/White Supremacist control.Hitler used tariffs to benefit the Nazi economy (1933-45).Hitler used this benefit to the Nazi economy to fund his global invasion. It’s proven that Trump is criminally doing the same.-API🌅
skleb1234 Is it me or does that Asian gentleman to the left hand side like an older White Rose off of mr. Robot.
skleb1234 Of course the stock market doesn't care about human rights. Is there anything in this document about human rights?
skleb1234 Phase One means absolutely nothing. NOTHING! It’s a diversion from his impeachment. That’s it. It’s no more than “Phase One” of his physical. It’s all BS.
skleb1234 WINNING
skleb1234 Jobs are more important then the Politicians and taxes pay their salaries. The are supposed to represent us and not there pockets.
skleb1234 Mah boi TDWIZZLE 💯
skleb1234 总统要大选了 这个时间选的真好
skleb1234 “Phase One” announced right when he gets served articles of impeachment
TraitPro Japan shares climb to 4-week high on U.S.-China trade deal optimism, weaker yen
skleb1234 More good news...Avanatti was refused bail. Will remain in jail. Already bussed away!
skleb1234 'bout time.
skleb1234 Enjoying the winning .
NFont82 skleb1234 Art of the Deal!!
skleb1234 winning BestPresidentEver
skleb1234
skleb1234 The government of China are purchasing? These things being bought come out of our commodity exchanges and so on and are for their government and so on? There are questions that people should wish to ask instead of seeing pictures and so on and specifically believing in it all.
skleb1234 PromisesMadePromisesKept BetterOffWithTrump
skleb1234 Of course, this is trumps plan to keep his money hungry friends happy. Just mention a change stocks go up everyone happy. This deal is BS. He created this mess only to elongate the correction into phases? For what to hurt people for a longer period of time?...
skleb1234 Last I checked, everything just fell into the red when they signed it
skleb1234
skleb1234 Stock prices don’t help most American families, only the 1%.
skleb1234 Right in Time for 2020 election 🧐
skleb1234 Well, forget propaganda this is just an outright lie.