President Trump has already made history during his trip through Asia. He’s visited world leaders and key U.S. allies. He’s appeared at numerous ceremonies and announced big plans for our country and the movers and shakers in the Pacific.
Perhaps the most important part of his trip was his visit to China. Donald Trump has spoken about the economic and manufacturing giant quite a bit. He’s discussed how so much of our business has gone to China, with American companies and factories loosing big. As President, he’s promised to bring back jobs to the U.S., while not alienating a country as powerful as China.
This week, we’ve gotten word that some bigly deals have been signed by major companies, deals that will bring some serious cash to the U.S.
Watched by Trump and China’s President Xi Jinping at a signing ceremony in Beijing, U.S. planemaker Boeing Co, General Electric Co and chip giant Qualcomm Inc sealed lucrative multi-billion dollar deals.
“This is truly a miracle,” China’s Commerce Minister Zhong Shan said at a briefing in Beijing.
The quarter of a trillion dollar haul underscores how Trump is keen to be seen to address a trade deficit with the world’s second-largest economy that he has long railed against and called “shockingly high” on Thursday…
Some huge deals were announced. Among them is a 20-year $83.7 billion investment by China Energy Investment Corp in shale gas developments and chemical manufacturing projects in West Virginia, a major energy producing state that voted heavily for Trump in the 2016 election.
The $250 billion in deals underscores Trump’s desire to broker mutually beneficial deals with China. Past Presidents gave too much away to China, giving them a shocking competitive advantage in the world.
It looks like, however, President Trump is getting along with the Chinese President Xi Jinping. The two men seem to understand each other, very well.
From Business Insider:
Speaking in Beijing on Thursday, US President Donald Trump emphasized his close personal relationship with China’s President Xi Jinping and said he didn’t blame China’s leader for the “one-sided and unfair” trade practices between their two countries…
The two countries were working hard to deliver a “fair and reciprocal” deal said Trump. However, many of the $253 billion of trade deals announced today are non-binding memorandums.
This is why America elected Trump. He is an experienced businessman and an expert negotiator. He knows how to make deals that have all sides happy. Typical politicians cannot do that. They are all talk, zero talent.
Thankfully, we don’t have a man like that in the White House, anymore.