Drudge Retort: The Other Side of the News
Friday, October 11, 2019

The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork for a broader deal that Presidents Donald Trump and Xi Jinping could sign later this year, according to people familiar with the matter.

As part of the deal, China would agree to some agricultural concessions and the U.S. would provide some tariff relief. The pact is tentative and subject to change as Trump prepares to sit down with China's Vice Premier Liu He later Friday. The deal under discussion would suspend a planned tariff increase for Oct. 15, delay -- or call off -- levies scheduled to take effect in mid-December, and would be the first breakthrough in the 18-month trade war.

While the limited agreement resolves some short-term issues, several of the thorniest disputes remain outstanding: accusations of intellectual-property theft, forced technology transfer and complaints about Chinese industrial subsidies, which are not addressed in this deal.




Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Trump surrendered.

#1 | Posted by bored at 2019-10-11 08:23 PM | Reply

I bet he got paid to fold.

#2 | Posted by bored at 2019-10-11 08:24 PM | Reply


Which is exactly why the Dow ended up 319 points today.

Orange Man Bad...we get it.

#3 | Posted by Rightocenter at 2019-10-12 12:16 AM | Reply

So the DOW is the economic benchmark again today?

Is it Friday? Well dang, so it is.

#4 | Posted by REDIAL at 2019-10-12 12:29 AM | Reply

It seems like every month we get the same premature victory lap out of this asshat only for it to evaporate in a matter of hours

We get it

Orangeman bootlicker is compelled

#5 | Posted by ChiefTutMoses at 2019-10-12 02:23 PM | Reply

Hmmm.. Nice temporary distraction from Trump's other troubles.

The fact remains that the markets have been basically flat now for more than 18 months.

#6 | Posted by Whatsleft at 2019-10-13 01:17 PM | Reply

Comments are closed for this entry.

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2019 World Readable

Drudge Retort