The deal requires China to spend $32 billion over next 2 years on U.S. agricultural goods, which could include lobster.
trade
Trump signs new trade deal with China expected to boost exports
But the Phase 1 agreement leaves unresolved Washington’s fundamental differences with Beijing.
Trump’s trade deal with China won’t give many U.S. companies relief
Some – including chemical makers, apparel retailers and auto parts manufacturers – will still face the same punishing tariffs.
Maine wine and food dealers worry new tariffs will upend business
Severe tariffs on wine, cheese, food and other products from Europe could devastate small businesses in Maine and across the U.S.
After impeachment, House bestows big trade victory on Trump
But both of Maine’s representatives vote against the new United States-Mexico-Canada Agreement.
Another View: Trump’s new NAFTA is better than the original
As negotiated by the president and House Democrats, the U.S.-Mexico-Canada Agreement will promote trade rather than hindering it.
New trade deal leaves winners and losers across North America
Among the winners under USMCA: internet companies and online shoppers; among the losers: drugmakers and Mexican businesses.
U.S., China reach tentative trade deal that would scale back tariffs
President Trump signs off on a swap of U.S. tariff reductions in return for China spending $50 billion on U.S. farm goods.
France responds to Trump’s proposed tariffs on French goods
The country’s finance minister vows a ‘strong riposte’ to the tariff – as much as 100 percent on imported goods like wine and cheese.
Trump says trade deal with China could wait until after 2020 election; Dow plunges
The president refers to the loss as ‘peanuts’ and says he doesn’t watch the market move.