President Donald Trump Approves Trade Deal With China

The transcript discusses the Phase One trade deal between the US and China, announced by President Trump. It highlights that the deal does not address issues with Huawei Technologies, a Chinese tech giant blacklisted by the US. The deal delays new tariffs on $160 billion in Chinese imports and reduces some existing US tariffs. Additionally, China will purchase $50 billion in US agricultural products. President Trump mentions that negotiations for a Phase Two deal will begin immediately, rather than waiting until after the 2020 election.

What was the general outline announced by President Trump regarding the trade deal?

What issues does the Phase One trade deal not address according to the administration?

What will happen to some current US tariffs as part of the trade deal?

What amount of US agricultural products will China purchase as part of the deal?

When will the negotiations for the Phase Two deal begin according to President Trump?