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Trump's impromptu China trade deal unravels

Tuesday, December 4, 2018 | Tag Cloud Tags: , , , , , , , , ,

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(Worthy News) - Skepticism mounted Tuesday about President Trump’s impromptu trade agreement with the president of China, as Mr. Trump threatened new penalties against Beijing if the deal falls through. Stock markets plummeted.

White House officials acknowledged that China hasn’t fully committed to eliminate auto tariffs, as Mr. Trump announced Sunday in a tweet. Officials downplayed expectations about reaching a broader trade deal that would end the tariff war.

Declaring himself “Tariff Man,” Mr. Trump warned China to make a trade deal — or else. He said negotiations already were underway on the commitments made with Chinese President Xi Jinping over dinner Saturday during the Group of 20 summit in Argentina. [ Source: Washington Times (Read More...) ]

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Worthy Christian News » World News » Trump's impromptu China trade deal unravels