Carney: September China Trade Deficit Falls To Lowest In 8 Years
The deficit with China fell in September thanks to rising exports.
The deficit with China fell in September thanks to rising exports.
President Donald Trump told Breitbart News exclusively in the Oval Office on Monday that he is not currently considering negotiating a phase two trade deal with China.
President Donald Trump celebrated his successful trade deals with China, Mexico, and Canada on Sunday, appearing at the American Farm Bureau Federation convention in Texas.
The phase one trade deal’s simplicity is its greatest strength.
President Trump scored another major victory today with the signing of phase one of the China trade agreement, which further reorients the global supply chain in America’s favor.
China would not abide by the terms of any trade deal with the U.S. regardless of what is in the final Chinese language translation of the agreement, warned economist Alan Tonelson.
The White House appears to be waiting until the last minute to release the text of the phase one trade deal with China
Author Gordon Chang said the “Phase One” trade deal with China “does not look like the best deal that President Trump could have obtained from the Chinese” because the United States is giving away more than it gets in return from China.
“I will be signing our very large and comprehensive Phase One Trade Deal with China on January 15,” Trump said on Twitter
Larry Kudlow praised the deal as a “very important first step” that represented real progress with China that covered “all of the key chapters.”
China believed the narrative that Trump needed a trade deal before the 2020 election. Wilbur Ross said that was wrong from the start.
China demands that the U.S. surrender tariffs put in place over the past year as a condition of even a preliminary trade agreement.