Trade Deal With China Is a Blockbuster

The Phase 1 agreement covers several important topics, including agricultural sales. China has agreed to ramp up its purchases of agricultural products to $40-$50 billion–three times the previous peak–over the next two years. Trump joked that farmers will need to buy more land and work overtime. That means, I think, that Democrats can say goodbye to hopes that tariffs would be the issue that could win votes in rural America. More…

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