For months, a great many American workers have been clamoring for the White House to take action in regard to the prolonged trade war between the United States and China, and President Trump has just delivered a major victory in that regard.
Announced just this morning, President Trump’s breakthrough deal will provide some much needed reprieve to American agriculturists who were suffering at the hands of a Chinese boycott on US crops.
“President Trump notched another major victory for small businesses and ordinary Americans with the Phase One trade deal with China. The agreement will significantly benefit small businesses, farmers, and ordinary Americans,” said Alfredo Ortiz, president and CEO of the Job Creators Network in a statement.
“The deal requires China to make significant purchases of U.S. agricultural and manufacturing goods while making long-overdue structural reforms to protect American entrepreneurs’ intellectual property and technology,” Ortiz said. “The trade agreement comes on the heels of House Democratic agreement to support Trump’s USMCA, which will update NAFTA for the 21st century.”
Ortiz has hope not only for the ramifications revolving around Beijing, but for trade enhancements with some of America’s longest standing allied.
“Yesterday’s landslide election victory for British Prime Minister Boris Johnson also paves the way for a bilateral free trade agreement between the U.S. and U.K. which will provide even more opportunities for American small businesses,” Ortiz continued. “President Trump is successfully reorienting global trade networks in America’s favor, opening up new markets for exports while overcoming the unfair practices conducted by trading partners.”
And, as if to hammer the point home, Trump himself has indicated that this is merely “phase one” of the deal, with plenty more good news to come.
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