Jack Davis, November 9, 2017
President Donald Trump announced Thursday roughly $250 billion in deals between American businesses and China. On his final day in Beijing, Trump and China’s President XI Jinping oversaw a ceremony in which corporate giants such as Boeing and Qualcomm signed multibillion-dollar deals. “This is truly a miracle,” China’s Commerce Minister Zhong Shan said at a news briefing in Beijing.
Trump Struck the Deal of the Century
Trump said Thursday he was looking forward to a change in the U.S.-China relationship. “Discussing trade … knowing that the United States really has to change its policies because they’ve gotten so far behind on trade with China and frankly with many other countries,” he said. “And I have great respect for you with that because you’re representing China. But it’s too bad that past administrations allowed it to get so far out of kilter. But we’ll make it fair and it’ll be tremendous to both of us.”