Trump speaks before signing "Phase One" of China trade deal
President Trump spoke ahead of the signing of "Phase One" of the U.S.-China trade deal. While he was expected to talk about the trade deal, he spent 30 minutes thanking bankers and supporters as Chinese officials stood by. Watch the president's remarks.
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. The Morning Joe panel discusses the president's Wednesday address to the nation on the coronavirus and his imposing major restrictions on travel from 26 European countries. Aired on 03/12/20. Watch as President Trump speaks to reporters before departing the White House for a rally in South Carolina. Donald McNeil, science and health reporter for the New York Times, talks with Rachel Maddow about why the coronavirus expertise and resources of China could be an opportunity for the U.S., unless Donald Trump's behavior makes cooperation an impossibility. Aired on 3/30/20.