Anonymous ID: b8ce69 May 9, 2020, 9:54 a.m. No.9094698   🗄️.is 🔗kun   >>4734

>>9094684

>https://www.foxbusiness.com/markets/us-china-sign-historic-trade-deal

 

President Trump signed a landmark trade agreement with China, heralding a period of detente in a trade war between the world's two largest economies fueled by decades of complaints that Beijing was manipulating its currency and stealing trade secrets from American firms.

 

The pact, detailed in a 94-page document, is only the initial phase of a broader deal that Trump has said may come in as many as three sections.

 

"Together, we are righting the wrongs of the past," Trump said in a pomp-filled signing ceremony. "It doesn't get any bigger than this."

 

WHY 'PHASE ONE' CHINA TRADE DEAL DOESN'T NEED CONGRESSIONAL APPROVAL, UNLIKE USMCA

 

The agreement will help grow the U.S. economy in 2020 and 2021 by “at least a half a point of additional GDP” and “probably translate into another million jobs on top of what we’ve already done,” Larry Kudlow, director of the National Economic Council, told FOX News' "America's Newsroom" on Wednesday.

 

https://www.foxbusiness.com/markets/us-china-phase-one-deal-done-read-here