Article

2019-10-13 Economy

h/t Instapundit
[Powerline] What the Democrats fear most is happening: President Trump and his negotiating team are reaching wide-ranging agreements with China that will be a huge boon to the United States.
The heathen Chinese Communists have figured out that he's gonna get reelected
In an Oval Office press conference yesterday, President Trump and China’s Vice Premier announced a Phase 1 set of agreements that will be documented over the next several weeks. The video of the press conference is embedded below; Trump’s performance was masterful. His many years of experience as a negotiator shine through.

The Phase 1 agreement covers several important topics, including agricultural sales. China has agreed to ramp up its purchases of agricultural products to $40-$50 billion‐three times the previous peak‐over the next two years. Trump joked that farmers will need to buy more land and work overtime. That means, I think, that Democrats can say goodbye to hopes that tariffs would be the issue that could win votes in rural America.

The agreement also opens up China’s financial services markets to American companies, covers currency manipulation, and addresses some aspects of intellectual property and technology transfer agreements. Phase 2 negotiations will begin immediately.

Posted by g(r)omgoru 2019-10-13 02:19|| || Front Page|| [11132 views ] Top

#1 DT may have just won the midwest back with that $50B argicultural buy the Chicoms are promising.

Posted by Mercutio 2019-10-13 09:49|| 2019-10-13 09:49|| Front Page Top

#2 This will be difficult to supply. Millions of acres ruined due to wet weather and early winter. Prices here will go up. Global warming is not going to happen. I wish it would so at least we could grow crops. No crops in cold, period.Map https://weather.com/maps/current-wind-chill

Posted by Dale 2019-10-13 09:57|| 2019-10-13 09:57|| Front Page Top

#3 No crops in cold, period.

Precisely. Though that means the sales price will be bid up even higher for those farmers who do have anything to sell, and the rest will feel the potential for greater prosperity.

Posted by trailing wife 2019-10-13 12:01|| 2019-10-13 12:01|| Front Page Top

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