Trump expected to sign major phase one China trade deal this week
The Wall Street Journal editorial page writer Jillian Melchior argues farmers and manufacturers will be seeing some relief resulting from the phase one China trade deal being signed and that democracy and the Chinese system are compatible.
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✔️ After more than two years of escalating tarrifs and a seemingly never-ending trade war, the US and China have agreed on a first step towards a truce.
If it holds, it could be a boost for U.S. President Donald Trump in an election year.
But who will benefit the most from this initial phase of a broader trade agreement?
China has promised to open up its markets and buy more US goods.
In exchange, the US will lift some tarrifs. Yet most will stay in place - and that's where the problems start.
So, could this really be the beginning of the end of the trade war between the US and China?
Presenter: Richelle Carey
Dan Wang, analyst for the Economist Intelligence Unit's Access China Service.
Hosuk Lee-Makiyama, Director of the European Centre for International Political Economy and a former Swedish Representative to the World Trade Organization.
Phil Caruso, Member of the Defense Council at the Truman National Security Project and a former Intelligence officer in the US Air Force. What does the future hold for the U.S. in Afghanistan? Retired Army Gen. Anthony Tata weighs in.
FOX News operates the FOX News Channel (FNC), The COVID-19 outbreak could affect the China-U-S trade deal. 'Phase One' is now in effect.It's unclear when new negotiations will start, with so many resources now dedicated to fighting disease. CGTN's Owen Fairclough reports.