BREAKING: China Has Conceded To The U.S. – Trump Has Done Something Obama Never Could!


China has offered concessions to the Trump administration in the attempt to avert a trade war. They have wavered and granted market access in a way that Obama never could.

From Reuters:

China will offer the Trump administration better market access for financial sector investments and U.S. beef exports to help avert a trade war, the Financial Times reported on Sunday, citing officials familiar with the matter.

China is prepared to raise the investment ceiling in the Bilateral Investment treaty and is also willing to end the ban on U.S. beef imports, the newspaper also reported.

“China was prepared to (raise the investment ceilings) in the BIT but those negotiations were put on hold (after Trump’s election victory),” the Financial Times also reported citing a Chinese official involved in the talks.

U.S. Commerce Secretary Wilbur Ross said on Friday that President Donald Trump and Chinese President Xi Jinping have agreed to a new 100-day plan for trade talks on Friday.

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