Well, it does tell us that Trump doesn't want to destroy China... he JUST wants fair trade deal... BUT... the precedent is also SET !Skans » Today, 7:30 am » wrote: ↑ Trump gets to keep a 10% tariff on China. It should be 15%, so he capitulated a little more than I thought he would. He will likely get a deal to curtail the fentanyl-flow. Stealing technology? Forget it, you might as well ask the Chinese to lose the slant in their eyes. Any deal will be based upon the actual trade surplus going down, which means hidden tariffs and barriers to market entry won't work for China.
If China keeps it's word... which includes (as I understand it):
1) NO illegal trade practices/dumping/etc.,
2) NO Stealing American technology,
3) China WILL continue to pay the baseline10% Tariffs, and other requirements
BUT, China has ALREADY hurt themselves by chased a dozen American companies OUT of China... and I don't think they will ever completely return as that were before...
All things considered... TRUMP WON, America WON, and China LOST... but NOT as bad as they COULD have lost !
WATCH NOW... NOW everyone knows America holds all the CARDS... TRUMP knows America holds all the cards, and America is going to benefit... after YEARS of getting SCREWED...
AND... THANK YOU Donald Trump !!