Trump Sees Progress in Trade Talks With China

The transcript discusses the potential signing of a phase one trade deal between the US and China, which may not address all key concerns but includes China's agreement to purchase $50 billion in US farm goods. Lower-level officials are in talks, and high-level discussions may occur soon. Commerce Secretary Wilbur Ross emphasizes the importance of details over signing quickly. Additionally, there is concern over US investments in Chinese companies, with lawmakers like Marco Rubio worried about human rights and national security issues. The White House is also considering measures to curb investment flows into China.

What is the main focus of the Phase One trade agreement between the US and China?

• Currency manipulation

• Purchase of US farm goods

• Intellectual property rights

• Reduction of tariffs

Which US official emphasized the importance of getting the details right in the trade agreement?

• President Trump

• U.S. Trade Representative Robert Light Heiser

• Commerce Secretary Wilbur Ross

• Treasury Secretary Steven Mnuchin

What is the concern of US lawmakers regarding the global index provider's actions?

• Human rights violations and national security risks

• Intellectual property theft

• Increased tariffs on Chinese goods

• Currency devaluation

Which US Senator sent a letter expressing concerns about the global index provider's actions?

• Senator Chuck Schumer

• Senator Mitch McConnell

• Senator Lindsey Graham

• Senator Marco Rubio

What potential action is being considered by lawmakers in response to the global index provider's actions?

• Imposing new tariffs

• Negotiating a new trade deal

• Creating legislation to curb investment flows

• Sanctioning Chinese companies