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A Farm Package, Not a Trade Deal
Must have been fake news from President Trump.Heck now days you can't trust either party to get it right anymore!
serf
https://www.zerohedge.com/markets/trade-negotiations-us-agrees-farm-package-not-trade-deal-china
After 18 months of negotiations, the trade talks ended with the US achieving very little. It is wrong to call this a "trade" deal, let alone a "substantial " one since the focus, almost exclusively, of the Trump Administration has been to reduce the trade imbalance and the agreement on farm purchases accomplishes little. It is also wrong to call it a trade "truce" since outstanding tariffs are still in place and future tariffs have not been rescinded. As such, Phase 1 of trade talks ended with many issues unsettled, leaving businesses and investors unsure on what lies ahead
serf
https://www.zerohedge.com/markets/trade-negotiations-us-agrees-farm-package-not-trade-deal-china
After 18 months of negotiations, the trade talks ended with the US achieving very little. It is wrong to call this a "trade" deal, let alone a "substantial " one since the focus, almost exclusively, of the Trump Administration has been to reduce the trade imbalance and the agreement on farm purchases accomplishes little. It is also wrong to call it a trade "truce" since outstanding tariffs are still in place and future tariffs have not been rescinded. As such, Phase 1 of trade talks ended with many issues unsettled, leaving businesses and investors unsure on what lies ahead
Comments
Surprise surprise food security plus profits is what the commies want! Let The USA get something for it this time around like Jobs for Americans!
serf
https://www.nytimes.com/2019/10/07/business/china-strategic-pork-reserve.html
Last month, 30,000 metric tons of pork from the national reserve was sold into the market ahead of Oct. 1, the 70th anniversary of modern China?s founding. A batch of 9,600 tons was released in January, shortly before Chinese New Year. Local governments have also tapped their stores.
Their spies have already stolen everything else.The one thing the rest of the world can't reverse engineer or replicate is the vast amount of agricultural production that America offers.