BEIJING (Reuters) – Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s claim that his tariffs are causing companies to move production away from the world’s second largest economy.
The document was riddled with reversals by China that undermined core U.S. demands, the sources told Reuters.
First there was the historic provision in the new North American trade agreement providing protection for the LGBTQ community. Included in the proposed agreement is a requirement that the U.S., Canada and Mexico take steps to protect workers against discrimination on the basis of sex, including sexual orientation and gender identity.
Although President Donald Trump on Monday prematurely bragged about a new trade agreement between the US and Mexico, nothing has really been accomplished yet. This is just one more example of how Trump makes announcements of his supposed accomplishments which simply are not true. There is no new trade deal with Mexico, just as there is no “denuclearization” of the Korean Peninsula.
When Trump tried to claim that not reaching a trade deal would be a good thing, Netherlands Prime Minister Mark Rutte said no, we have to work something out.
That's right: Trump just lost a trade battle with Mexico – over tuna fish.
"I don't know where he got the idea that you can just somehow drive a big pickup truck into Mexico and bring back all the jobs."
After sitting on the fence on the issue of President Obama's trade agenda, Hillary Clinton sided with the liberals in her party against the current trade legislation that the White House and Congressional Republicans are pushing.
The U.S. House derailed President Obama’s trade bill on Friday. The chamber rejected an amendment designed to save the trade bill 302-126. That measure would have granted financial aid to workers displaced as a result of the trade agreement. However, skeptical members of both parties struck down that amendment, leaving Obama’s controversial trade bill “stuck at the station”, according to House Minority Leader Nancy Pelosi.