Trump Signs China Trade Deal, Putting Economic Conflict on Pause - News Summed Up

Trump Signs China Trade Deal, Putting Economic Conflict on Pause


“I’d rather have you voting than sitting here listening to me introduce you,” Mr. Trump said. To Mr. Trump and other supporters, the approach corrects for past trade deals that enabled corporate outsourcing and led to lost jobs and industries. To critics, it is the type of managed trade approach that the United States has long criticized, especially with regard to China and its control over its economy. American businesses blame those economic practices for allowing cheap Chinese goods to flood the United States market, putting domestic firms out of business. Instead, like the presidents who preceded him, Mr. Trump plans to rely on allies and the World Trade Organization to try to push China to change its ways.


Source: International New York Times January 15, 2020 17:14 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */