Thursday, April 4, 2019

Possible Trade Deal With China in Coming Days

Chinese vice-premier Liu He 
President Trump is set to meet Chinese vice-premier Liu He at the White House on Thursday.

The Thursday White House schedule for the president, released late on Wednesday, said the meeting between Trump and Liu will take place at 4:30pm Eastern Time.

Many observers believe that the meeting is an indication that  Beijing and Washington are drawing closer to a new deal on trade.

A deal could be reached within the next few days, or otherwise, it could be postponed until the G20 summit in Japan at the end of June.

It is not clear how crony the deal will be, but it will not be free trade. That said, a crony trade deal is better than no trade.



  1. Here’s a Free Trade Agreement for you...The US agrees to free and open trade with any nation, group or individual free of any coercion, quotas, subsidies, tariffs, excise taxes, imposts, duties, fees or any restraints heretofore not mentioned.

    “If a foreign country can supply us with a commodity cheaper than we ourselves can make it better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage. The general industry of the country will not therefore be diminished...but only left to find out the way in which it can be employed to greater advantage.” (Adam Smith, 1776)

  2. Derek Derek Derek, what do you think you are proposing?
    Don’t you realize this would produce peace and prosperity?