Trade Win for Pres. Trump

[Proud Tiger 4,261]

Buried in the news but another good accomplishment for the POTUS as U.S. and China agree to effort to reduce trade deficit. More egg on the face of those who said he was starting  a trade war. It's nice to see us be able to negotiate from a strong rather the weak position we have had for over 20 years. The world is recognizing Trump means business like him or not.

https://www.foxbusiness.com/politics/us-china-agree-to-reduce-370b-trade-deficit

 

 

[Brad_ATX 13,654]

China says it didn't offer the concession.  Betting the truth lies in the middle somewhere.

https://www.cnbc.com/2018/05/18/china-did-not-offer-trump-a-200-billion-trade-surplus-cut-ministry.html

[homersapien 11,362]

This sounds a lot like the "denuclearization" of the Korean peninsula.  A little premature.

[HVAU 673]

5 hours ago, Brad_ATX said:

China says it didn't offer the concession.  Betting the truth lies in the middle somewhere.

https://www.cnbc.com/2018/05/18/china-did-not-offer-trump-a-200-billion-trade-surplus-cut-ministry.html

Two articles on the subject:

http://m.scmp.com/news/china/diplomacy-defence/article/2146176/why-chinas-vice-premier-liu-he-has-most-difficult-job

http://www.bbc.co.uk/news/business-44187975

Two articles that contribute to a better understanding of what's going on.  As you said, it's somewhere in the middle.