China Trade Deal

“The United States and China cooled their trade war on Friday, announcing a ‘Phase one’ agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods.” (Reuters)

The left is critical of the deal, arguing that its predicted benefits are unrealistic and that it does not address the root issues.

“While Lighthizer and Trump are crowing about an expected $40 billion to $50 billion in annual agricultural sales, few analysts believe those numbers...