Trump agrees to a limited trade deal with China that could result in Apple and others avoiding a 15% tariff on their products set to begin on Dec. 15
Plan would prevent new tariffs planned for Sunday and roll back some existing tariff rates — President Trump has agreed …
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Discussion
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@realdonaldtrump
Donald J. Trump
on x
Getting VERY close to a BIG DEAL with China. They want it, and so do we!
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@arappeport
Alan Rappeport
on x
Trump China adviser Michael Pillsbury, who spoke to POTUS this afternoon called the phase-1 “a historic breakthrough.” He says China agreed to triple ag purchases by next year and US will roll back some tariffs. No phase-2 until after 2020 election. https://www.nytimes.com/...
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@alexplitsas
Alex Plitsas
on x
🚨🚨🚨🚨 🚨🚨🚨 “The United States and China have settled on final terms of a phase one trade deal, moving both countries closer to signing a pact that President Trump originally announced in October, four people familiar with the negotiations said.” https://www.nytimes.com/...
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@prchovanec
Patrick Chovanec
on x
Good that tariff hikes appear to have been averted, and possibly reversed. As I've said each time this has happened in the recent past, let's wait two weeks to see what actually happens, and whether it all sticks. https://twitter.com/...
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@wsj
@wsj
on x
U.S. negotiators have offered to slash existing tariffs by as much as half on roughly $360 billion of Chinese-made goods as well as to cancel a new round of levies set to take effect on Sunday, according to people briefed on the matter https://www.wsj.com/...
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@wajahatali
@wajahatali
on x
Trump started a reckless trade war with China that only hurt his own base. He has spent billions in bailouts to help them. That's socialism. But “Economic anxiety” and yadda yadda yadda. “U.S. Settles on Outline of Elusive Phase One Trade Deal” https://www.nytimes.com/...
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@catmamgo
@catmamgo
on x
President Trump has agreed to a limited trade agreement with Beijing that will roll back existing tariff rates on Chinese goods and cancel new levies set to take effect as part of a deal to boost Chinese purchases of U.S. farm goods......... https://www.wsj.com/...
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@anaswanson
Ana Swanson
on x
President Trump settled on the outline of an elusive trade deal with China in a meeting with advisors today. And boy, are stock markets hungry for this nugget of good news https://www.nytimes.com/...
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@rilatweets
Rila
on x
For retailers who have been doing their best to shield customers from #tariffs, the phase one deal announced today is welcome news. Our full statement here: https://www.rila.org/... https://twitter.com/...