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Will Trump’s trade truce with China lead to a deal?

Will Trump’s trade truce with China lead to a deal?


>>THE IDEA THERE WILL BE A REAL AGREEMENT. FIRST TIME COMMITMENT IN CHINA THE AGREEMENT WILL INCLUDE SPECIFIC DATES, SPECIFIC TARGETS, SPECIFIC ACTION ITEMS. THIS WILL NOT BE JUST KICKING THE CAN DOWN THE ROAD.>>WE SHOULD SEE RESULTS EVEN IN THE 90 DAY PERIOD WHICH IS BEING DISCUSSED AND THE PRESIDENT IS SUSPENDING THE 25% BARRIER. WE SHOULD SEE THAT PRETTY FAST.>>>WHITE HOUSE OFFICIALS EXPRESSING OPTIMISM OVER POTENTIAL TRADE TRUCE BETWEEN THE UNITED STATES AND CHINA. PRESIDENT TRUMP AND XI AGREEING TO HOLD OFF ON TARIFFS FOR 90 DAYS BEFORE TODAY’S MEETING. MY MEETING IN ARGENTINA WITH PRESIDENT SHE IN CHINA WAS EXTRAORDINARILY ONE. RELATIONS WITH CHINA TAKEN A BIG LEAP FORWARD. VERY GOOD THINGS WILL HAPPEN. JOINING MY FROM THE HERITAGE FOUNDATION JIM ROBERTS AND FROM AEI, DEREK SCISSORS. DEREK, YOUR THOUGHTS ON THIS. WE KNOW A LOT OF MOVING PARTS. THIS IS BEGINNING FRAMEWORK ABOUT, YOU THE NEWS COMING OUT OF ARGENTINA SEEMS TO BE GREETED PRETTY WELL ON WALL STREET. SEEMS TO ADDED OPTIMISM ULTIMATELY A DEAL COULD HAPPEN?>>I HAVE TO SAY I’M A LITTLE BIT SKEPTICAL. I’M SKEPTICAL NOT BECAUSE THE DEVELOPMENTS IN ARGENTINA WERE BAD, BUT WHAT THE U.S. WANTED FROM CHINA, WE WANTED CERTAIN THINGS FOR 15 YEARS. WE DIDN’T GET THEM UNDER OBAMA OR BUSH BEFORE THAT. WE WANTED THEM LAST 15 MONTHS BEFORE WE OPENED SECTION 301. WE HAVEN’T REALLY GOT THEM. HARD TO IMAGINE HOW WE GET THEM IN THE NEXT 90 DAYS I’M FORA PAUSE ON TARIFFS. I THINK U.S. IS ASKING THINGS FROM CHINA THEY WILL NOT GIVE US IN 90 DAYS OR EVEN LONGER. CHARLES: JIM, OBVIOUSLY THESE THINGS DIDN’T HAPPEN WITH PRIOR PRESIDENTS BUT I DON’T REMEMBER ANY PRESIDENT TAKING THE BATTLE TO CHINA THE WAY THE PRESIDENT HAS IN THE FIRST PLACE?>>I THINK THAT IS TRUE. I AGREE WITH DEREK WE HAVE TO SEE RESULTS. WE HAVE TO SEE WHAT AMBASSADOR LIGHTHIZER LAYS OUT IN METRICS. WHAT WILL CONSTITUTE PROGRESS. DEREK IS RIGHT. I MYSELF WORKED AT USTR YEARS BACK. CHINA HAS BEEN ON PRIORITY WATCH-LIST OF THE SPECIAL 301 CHART THAT THE U.S. DOES FAILURE TO ENFORCE INTELLECTUAL PROPERTY RIGHTS, CHINA HAS BEEN ON THAT LIST FOR A LONG TIME, PATENT INFRINGEMENT, ONLINE PIRACY, COERCIVE TECH TRANSFER, COUNTERFEIT GOODS, TRADEMARK VIOLATION, THINGS LIKE THAT, THEFT OF INDUSTRIAL SECRETS. I WOULD LIKE TO KNOW WHAT AMBASSADOR LIGHTHIZER LAID OUT FOR METRICS FOR MEASURABLE RESULTS IN THE NEXT 90 DAYS SO WE CAN SEE WHAT PROGRESS IS BEING MADE. CHARLES: LET’S NOT KID OURSELVES, OBVIOUSLY LIGHTHIZER IS WORKING ON THIS FOR MORE THAN 90 DAYS SO THE METRICS MAY HAPPEN. LIGHTHIZER I BELIEVE IS THE PERFECT PERSON IN THIS ADMINISTRATION TO LEAD THIS BATTLE IN PART BECAUSE OF EXPERIENCE HE HAD WITH RONALD REAGAN AND OTHERS. LIGHTHIZERISM, IF YOU WILL, IS PARTLY WHERE HE CALLS STATE CAPITALISM OF CHINA, WHERE THE U.S. MUST EMULATE PART OF THE STYLE OF ITS ADVERSARY AND BECOME A BIT MORE STATE CAPITALIST ITSELF. JIM IS THAT CONTRADICTION THERE, ARE IS THAT WHAT THE TARIFF APPROACH WAS ALL ABOUT?>>OF COURSE I WOULDN’T AGREE WITH THAT. I DON’T THINK WE IN THE HERITAGE FOUNDATION, WE PUBLISH INDEX OF ECONOMIC FREEDOM. WE’RE ABOUT FREE TRADE, FREE INVESTMENT, NOT ABOUT STATE CAPITALISM. LIGHTHIZER IS EXACTLY THE RIGHT GUY, APPROPRIATE AND LOGICAL, USTR HAS RESPONSIBILITY FOR SECTION 301 OF THE TRADE ACT TO TAKE LEAD ON ISSUES. HE IS FORCEFUL PROPONENT FOR THE TRUMP ADMINISTRATION. I THINK THE FACT HE HAS BEEN MADE INDICATES THE ADMINISTRATION IS GETTING DOWN INTO DETAILS OF A DEAL. I THINK THAT IS A GOOD SIGN. CHARLES: DEREK, THE FREED TRADE CROWD, GLOBALISTS CROWD, I THINK THEY ARE LOATHE TO GIVE PRESIDENT TRUMP ANY CREDIT NO MATTER WHAT THE ULTIMATE OUTCOME OF THIS IS BUT WOULD YOU AGREE THERE IS ROOM? THE BOTTOM LINE WE ALL AGREE, CHINA WILL NOT STOP SALE STEALING INTELLECTUAL PROPERTY BUT I THINK WE CAN GET THEM STOPPING STEALING IT IN BROAD DAYLIGHT. MAKE IT A LITTLE TOUGHER FOR THEM. IF THAT IS THE CASE DO YOU SEE ANY POSSIBILITY OF POSITIVES ULTIMATELY COMING OUT FROM THIS EFFORT?>>I THINK THERE IS A POSSIBILITY. JIM HIT THE NAIL ON THE HEAD RIGHT NOW AND YOU DID IN YOUR QUESTION. AMBASSADOR LIGHTHIZER IS THE RIGHT PERSON ONE BECAUSE HE IS SUPPOSED TO LEAD IT AS THE TRADE REP AND. NO OFFENSE TO SECRETARY MNUCHIN AND LARRY KUDLOW THEY ARE NOT TRADE NEGOTIATORS. WE HAVE THE RIGHT PERSON IN CHARGE. IF HE FEELS THAT WE MADE STRIDES AFTER 90 DAYS THEN THE ADMINISTRATION SHOULD GET CREDIT. I’M ABSOLUTELY WILLING TO LISTEN TO WHAT HE HAS TO SAY AFTER 90 DAYS. CRITICS OR FANS OF PRESIDENT

Comments (18)

  1. No one winning is gonna stop to negotiate for deal.So much for a easy win

  2. That was the result from Clinton administration gave China the most favorite nation status for all his years , in return, they ' donated ' to the Clinton Foundation .
    Now , President Trump uses tariffs to negotiate for better and more fair deals .

  3. This is laughable! China will not change, they can’t. China is moving further toward a fanatical communist ideology. China can not be trusted and their economy must be burned to the ground.

  4. I wish America brings peace to this worldwide chaos! But Trump brings hate, chaos, everything you do not need!

  5. Is it true that China agreed to designate Fentanyl as a class A drug making monitoring more viable?

  6. No, Trump will change his mind tomorrow again.

  7. President Trump knows business and spin and he is getting smarter by the minute in politics. no one knows all about everything like Master Trump knows. you all should watch and learn….

  8. SOMEONE TELL THIS FAT, BLOATED PIECE OF SAUDI SHIT, THAT TODAY IN MY LOCAL GROCERY STORE, A CANTALOUPE WAS SELLING FOR $ 5.00 YOU HEAR THAT PEOPLE????? ONE CANTALOUPE SELLING FOR FIVE DOLLARS!!!!!!!!! THANKS FAT ASS PUTIN'S FAT BITCH NEEDS TO BE IMPEACHED, IMPRISONED, HANG FOR TREASON/COWARDICE/STUPIDITY

  9. Trump knows what he's doing obviously, our economy shows that. Keep up the great work Mr. President

  10. Donald Trump the greatest President in modern American history just two years into his first term.

  11. I'd call it XI's agreement despite posturing WH mouths. XI knows USA economy taking a hit. FORD, GM., Farmers. Score one more for XI.

  12. China will drag this into 2020 when they know that they will get a better deal then.

  13. For a trillion times more China is fooling USA and buying time until Democrats GET rid of trump? I said Voting CHINESE products IMMEDIATELY and then no more dealing with China for ETERNITY because China is the BIGGEST threat FOR HUMANITY including animals 🤔I can't believe how stupid USA has been for the last 40 years and instead of completely STOP China from depleting the dignity of USA,?and put a trillion% times effort to understand China ones for all Democrats and also Republicans are just fighting and China is controlling the whole world including USA because USA politics are out of control allowing China to RIP everything and stealing everything including countries like VENEZUELA Tibet Xinjiang, south China sea,and many many others all over the world including the moon and Mars and space 🤔🖕🖕🖕🖕🖕🖕💩💩💩💩💩☠

  14. China can wait Trump out until 2020 and then they will start real negotiations. China is not going to bow down, they know U.S. has a 22 trillion dollar deficit and will be close to or greater than 25 trillion dollars by 2020.

  15. Aw… President Xi is having dinner in front of a bunch of clowns, such delight.

  16. Dow 700 point down. Fool bought and smart sold. Lol

  17. Expel china from WTO. No negotiation with china on trade at all. China must vecate artificial ilands in SCS China must settle Tibet issue with Dharma Guru Dalai Lama. Any agreement by democricies with china help china dictate world. Don't take China lightly.

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