JUST IN: President Trump officially signed the “phase one” China trade deal today. He called it a “momentous step toward a future of fair and reciprocal trade with China.”
Now President Trump has signed a China deal that will…
-Double US exports to China
– Purchase $32 billion more from farmers
-Protect American goods & prevent forced tech transfer
-$200B in US goods and services
-China stops currency devaluation
JUST IN: President Trump officially signs the “phase one” China trade deal, calling it a “momentous step toward a future of fair and reciprocal trade with China.” https://t.co/cS64Kpo0XB pic.twitter.com/4phpahKwTx
— CNBC (@CNBC) January 15, 2020
Of course, the Democrats tried their best to diminish the moment with Pelosi speaking on the House floor about impeachment and Schumer whining about the China Trade Deal.
Schumer is trying to downplay the success of this deal by saying China won’t fulfill their promise. Does he know that there are things in place within the deal that keep will keep China in line?
If I sound frustrated and angry, it’s because I am.
President Trump’s “phase-one” trade deal with China is an extreme disappointment.
He's conceding our leverage for vague, unenforceable “promises” China never intends to fulfill. pic.twitter.com/UILaJO13QT
— Chuck Schumer (@SenSchumer) January 15, 2020
Will they ever learn?