President Trump Wins BIG in China
President Xi folds to America First agenda.
United States will no longer be required to give China intellectual property rights to do business.
United States will be allowed to hold majority stakes in businesses in China.$253 Billion Dollar Business Deals
President Donald Trump accomplished something today that many thought would be impossible. Trump got China to overturn longstanding requirements that China imposed on foreign businesses.
After Trump’s visit to Beijing, China announced that the United States will no longer be required to turn over their intellectual property rights in order to do business in China. and China will allow businesses to be ‘majority owned’ by stakeholders from the United States. These announcement came from the Vice Premier Wang Yang and was published in the People’s Daily newspaper shortly after President Trump’s meeting with President Xi.
This is monumental news, yet you won’t see it covered on TV, it won’t be a headline on any ‘mainstream news’ site because it shows how effective President Trump is at negotiating for the interests of the American People.
President Trump has been a champion for the America First trade policy and has vowed to make better trade deals. This is just another example of how Trump is able to change long standing bad agreements and flip them into better deals for America.
In the past, all foreign countries had to give up their technology secrets to the Chinese government in order to sell products in China. The fact that President Trump was able to negotiate these new terms will have a tremendous impact on American businesses here in the United States.
I don’t blame China, I blame the incompetence of past Admins for allowing China to take advantage of the U.S. on trade leading up to a point where the U.S. is losing $100's of billions. How can you blame China for taking advantage of people that had no clue? I would've done same! — Donald J. Trump (@realDonaldTrump) November 9, 2017
In addition to reversing this policy, President Trump and President Xi agreed on $253 Billion dollars in business deals.
President Trump’s visit to China was a slam dunk for his America First policy agenda and for the American people. Any other spin you see about his visit is Fake News. No other President has come close to accomplishing what Trump has in so little time. The Trade deficit is shrinking, GDP is up, the sentiment indexes are at all time highs.
President Trump is fulfilling his promises to Make America Great Again.