Former Bush 43 Assistant Secretary of State Robert Charles provides insight into US-China trade talks.
White House adviser Ivanka Trump on Thursday suggested President Trump’s decision to renegotiate trade deals with other countries may help the U.S. economy weather the coronavirus-induced recession because American jobs were saved.
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During the fourth night of the Republican National Convention on Thursday, Ivanka Trump explained that her father decided to renegotiate deals that had “gutted millions of middle-class jobs” even though his advisers cautioned him that it may “risk rocking the boat,” because he refused to settle for an economy that was just “good.”
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“Today, in the midst of this unprecedented global pandemic, it’s more clear than ever that our president was absolutely correct to take on trade when he did – and bring our jobs, our factories, and our life-saving medicines back to the USA,” Ivanka Trump said.
She specifically referenced the U.S.-Mexico-Canada trade agreement, noting that every time President Trump asked for an update on trade talks, he said he wanted to secure a good deal for the dairy farmers in Wisconsin.
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The USMCA went into force in July. It includes measures to open markets for U.S. dairy farmers – among many other provisions.
In addition to the USMCA, which replaced NAFTA, the president negotiated a phase one trade deal with China and he also withdrew the U.S. from the Trans-Pacific Partnership (TPP). He has imposed tariffs on products from a number of countries in an effort to secure more favorable export conditions for American manufacturers – and to encourage companies to make their products in the U.S.
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August 28, 2020 at 09:41AM
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Ivanka Trump says renegotiated trade deals saving middle-class jobs - Fox Business
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