The phase one deal involves China buying $40-50 billion of US ag products and a halt on future tariffs. Currency issues and opening up of Chinese financial markets, IP rights, some issues relating to forced tech transfers have also been resolved. Phase 2 negotiations will commence immediately and will involve tech transfer and Chinese state subsidies.
So, will this boost Trump again in the Midwest (2020)?
PS: How about 'em markets?! Yeah baby...should be good news for all investors!
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