100 STEEM Bounty: What trade deal
I would like to understand the trade deal that was announced today.
What I mean by that is the actual content of the deal.
I.e. what did the US and China agree to do.
Best response or link to the same wins the bounty.
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It looks like they are rushing the deal to meet the Dec. 15 deadline. No actual paper is written and neither countries have signed anything. Verbal agreement on trade deal, but no written document with any detail substance.
The guess on what the trade deal entails is based on President Trump's twits:
Also based on President Trump's comments the China has agreed to:
US and China Confirm Agreement on Phase 1 Trade
US and China Interim Trade Deal
Great comment.
Thanks for sharing those links @mawit07
Great comment.
Thanks for sharing those links @mawit07
Until they release the 86 page official report, this is the closest I've seen to actual specifics mentioned at this time, although that could change:
https://www.politico.com/news/2019/12/13/us-china-trade-deal-084881
Hard not to agree with you.
Thanks for sharing those link @evernoticethat
Cheers, Piotr
CNN Business: Video in the link
Stocks whipsawed following news of a US-China trade deal
Global News: Video in the link
U.S. agrees to suspend tariffs on Chinese goods in trade deal: sources
CNN Politics
Trump and China confirm agreement on 'phase one' trade deal
Great comment @rentmoney
Thanks for sharing those links
Piotr
Indeed. It's all about those upcoming elections @btcmillennial
I'm also very curious if China will follow any sort of agreement (I kind of hardly doubt so). I think they will continue to do whatever they did and at the same time US authorities will announce "great deal" (which would help them in upcoming elections).
cheers
Piotr
They agree to blame each other for when both economies come to a screeching halt.
The trade war progressively increased in the past two years now it seems like there is some deal but actual no paper is written and neither countries have signed anything. I think we still have a long way
Hey @knircky,
I saw a lot of responses with different links and opinions here.
Do you know what I think?
No matter what the official in the mainstream media propagated opinion is - there is something else behind it.
Here is my own conspiracy theory - perhaps I'm not alone with it but I did not read about it before simply because I do not dive into these conspiracy theories any more (I did years ago).
Trump is a - more or less successful - business man.
All he cares about is his own bank account growing.
If he tweets that there might be a deal, stock exchanges go up and he made sure before his tweet he got his call options on the right stocks.
When he tweets there is a deal, he bought even more call options.
Before he tweets, there will be no deal, he buys put options.
I have not a single proof of this but this man can make the stock-exchanges move into one or the other direction with a single tweet.
What would you do as a businessman with so much power?!?
Have a nice weekend and
STEEM ON!!!
Really I thought Trump is president because he is a nice guy?
🤣
I think these treaties can be described as Chinese victory. The US administration and Trump stepped back. The customs duty increase was canceled.
I think more agriculture purchase is a win for trump as well as this is his base of voters that benefits. So I think it is a bit more nuanced.
The Tariffs would also have been bad for him as it would cut into GDP and that would be bad for the stock market and that would. be bad for re-election.