Another good job! As it looks like China and America made strides in the right direction!
According to Chinese and US officials involved in talks between the two governments, China will offer the Trump administration better market access for financial sector investments and U.S. beef exports to help avert a trade war.
Just another good business move by our President. This is not only a win for President Trump but also a win for America.
The Financial Times reports that China is prepared to raise the investment ceiling in the “Bilateral Investment” treaty and plans to end the ban on importing American beef in conceding to some of Trump’s wishes.
They wrote: “At present, foreign investors cannot hold a majority stake in securities and insurance companies in China. The country’s largest companies in these sectors, such as Citic Securities and China Life Insurance, have achieved enormous scale in the 15 years since the world’s second-biggest economy joined the World Trade Organization, making them formidable competitors for new entrants to the market.”
Officials said that China is also willing to end a ban on US beef imports that has been in place since 2003 and buy more grains and other agricultural products as it seeks to reduce tensions stemming from the $347bn annual trade surplus in goods that it enjoys with its biggest trading partner.
On Saturday, Mr. Trump tweeted that Mr. Xi’s two-day visit to his resort at Mar-a-Lago had been “tremendous.”
He wrote: “Goodwill and friendship were formed. But only time will tell on trade.”
So proud of President Trump and the work he’s doing, tirelessly for our country and its people.
This is why we voted him in. He is looking out for our countries best interests. Trade has been a huge imbalance against American for a long time.
A businessman has a huge advantage over greasy palmed politicians every time!
Natalie D. is an American conservative writer! Natalie has described herself as a polemicist who likes to “stir up the pot,” and does not “pretend to be impartial or balanced, as broadcasters do,” drawing criticism from the left, and sometimes from the right. As a passionate journalist, she works relentlessly to uncover the corruption happening in Washington.She is a “constitutional conservative”.