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You are here News International Democrats Call Trump's 'Phase One' China Trade Deal an 'Extreme Disappointment' and a Political 'Photo Op'

Democrats Call Trump's 'Phase One' China Trade Deal an 'Extreme Disappointment' and a Political 'Photo Op'

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US China phase one trade dealDemocratic lawmakers criticized President Donald Trump's "phase one" trade agreement with China, which was signed on Wednesday.

The signing of the initial deal suggested that significantly heightened trade tensions between China and the U.S. are easing, after the president started placing tariffs on billions of Chinese imports nearly two years ago. Under the new deal, Beijing said it will begin purchasing an extra $200 billion in American products and services by 2021 while also reducing some of the retaliatory levies it has placed on imports from the U.S.

With China agreeing to buy more U.S. goods, the Trump administration said it would cancel planned tariffs that would have targeted laptops, mobile phones and toys imported from China. The White House also agreed to cut the tariff rate in half—to just 7.5 percent—on roughly $120 billion of imported Chinese goods.

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