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I'm going to go out on a limb and say that China isn't committing to buy the 1000% increase (or whatever it was that the admin threw out) in ag products. I bet it's not even a reset to the level prior to the trade war, essentially a net negative.According to CNBC an hour ago nobody other than Trump or his inner circle has seen the actual deal yet. Must be a real winner.
Perhaps part of that number includes the $10s of billions in farm subsidies Trump has paid to farmers to compensate them? Since that’s just added debt, the average person still hasn’t felt it, is that’s why you see no huge impact.
This likely opens a channel for more pork sales. Swine fever has killed about half the stocks in China so this makes sense.
Speaking selfishly, I just hope the 25% tariffs on manufactured components (not finished goods) go down to zero. That's what's killing my industry.
They just added 25% to injection molds produced in China. We’ll see if it sticks this time, I believe automakers pushed and got it rescinded last time.
I don't know.Isn't it sitting on McConnell's desk with the rest of the legislation passed by the House?
I just posted what I heard. This is old but I think where we are at.
sorry...I thought you were talking about NAFTA 2.0I don't know.
Despite the US-China trade agreement, key details are unclear
I still think is the Occam's Razor explanation for how this is all going down.
Good God Almighty. 
As predicted day 1. Will be interesting to see how this unfolds once given to the House and Senate if it ever gets finalized (which is always a large IF).
No way! Who could have predicted?
Again, going as it is being reported on CNBC. For example China is targeting 50 billion (it may have been more, it may have been less) in auto parts purchases. The reporter was asked for more details, granular is the word they used, and she said that information hasn't been released.
I agree with that assessment. Trump created the damage and has "fixed" only about 1/3rd of it, but it's a "win" for him. Ridiculous.
Who could have seen it coming that Trump would claim a win, that the losers would be the American people, farmers and manufacturers, while China was grinning over in the corner?
I would say same as every "victory" Trump has had but there are plenty of issues, like pre-existing conditions and environmental regulations, that he weakens, weakens some more, then claims "victory".
But this time they almost pinky swear to buy more stuff. For real. This time. Just wait and see.
Did you read the BBC article? Can you address the contents of that opinion piece? Or perhaps give your own opinion on why we the American people have "won" here.
Because it isn't a contract for anything. They might as well said China is targeting buying 100 gazillion billion in ag products.
I’m guessing gazillion just isn’t in Trump’s vocabulary. I think bigly is the highest unit of measure he’s familiar with.
I haven’t read through it, are the regulars excited we got a deal done? I can’t imagine any would be complaining it’s not good enough for them?
He is the closing in on Chuck Norris territory. Pretty soon the sun will ask Trump if it’s ok to rise.
Whole bunch of nothing.Here's a story from today:
Here's what's in the phase one China trade deal Trump is signing this week
He's making an attempt to fix problems those before him didn't have the stones too, what's not to like.
I would like to think if the shoe were on the other foot I’d be big enough to admit that Obama for example was doing a great job...if Obama on had the seeds trump does that is.
Totally and to give credit where it's due Obama did negotiate one of the best deals I've ever seen.
And let’s not forget this Deal Didn’t realize Obama could be such a deal maker. Amazing you enter the whitehouse a middle class community activist and leave a millionaire.
Well when the entire world loves you (except Russia, they're firmly Team Trump) you can write best selling books and are in demand as a speaker just like Trump will...
I guess when your book deal is $65 million after the last POTUS book deal was $7 million you can do than. It’s unfortunate for us Americans he was never able to negotiate like that while in office.
Yea we really suffered with our unemployment going from > 10% to < 5%. Debt going down once the recession was over, illegal immigration down, GDP the same as now, etc etc etc
Let's not forget he was the great divider, responsible for all the white male repression!
A local radio host (and son of a farmer friend of mine who is on the National Soybean Association board) posted this about this deal and Trump:
For any who don't have this:
