(Worthy News) – President Donald Trump signed off on a so-called phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.
The deal presented to Trump by trade advisers Thursday included a promise by the Chinese to buy more U.S. agricultural goods, according to the people. Officials also discussed possible reductions of existing duties on Chinese products, they said. The terms have been agreed but the legal text has not yet been finalized, the people said. A White House spokesperson declined to comment.
The administration has reached out to allies on Capitol Hill and in the business community to issue statements of support once the announcement is made, they said. [ Source: Time (Read More…) ]
We're being CENSORED ... HELP get the WORD OUT! SHARE!!!
Related News Items:
- House Approves Temporary Measure to Avert Government Shutdown
- Biden Kicks Off Campaign Declaring Trump Is Threat To Democracy, As Democrats Try To Throw…
- US economy added 223,000 jobs in December, lowest monthly increase in two years
- Connecticut: Satanic Temple Plans After-School Club for Elementary School Children beginning…
- Church of England Will Offer Blessings for Same-Sex Couples as of Sunday 17 December, 2023
- Israel Claims 2,000 Hamas Terrorists Killed in December, 8,000 Overall; Lebanon Border Heats Up
- More Than 370,000 Illegal Border Crossers in December Most in US History
- Hungary Signs Military Drones Deal With Israel, Germany
- N7 Initiative pushes regional free trade deal with Israel, Arab states
- India and UAE Announce Landmark Trade Deal Creating India-Middle East-Europe Economic Corridor
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
