Drudge Retort: The Other Side of the News
Monday, October 14, 2019

China and the U.S. held trade talks in Washington last week that ended with Trump saying both sides reached a "very substantial phase one deal." But while Trump characterized the talks' outcome as a success, Chinese state media said "substantial progress" was made. Also, it did not call phase one a "deal" while making little mention of the agricultural product purchases.

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If Trump's lips are moving, don't believe a word he says ...

#1 | Posted by AMERICANUNITY at 2019-10-14 06:15 PM | Reply

Just so we are clear AU, since the article says that the Chinese want one more meeting before signing Phase One, is your point that no deal was reached or are you just reiterating that Orange Man Bad? After all, if they don't sign, then the tariff increases go into effect as planned.

Either way, it looks like you are really happy that no deal was reached, which could be construed as cheerleading for China.

#2 | Posted by Rightocenter at 2019-10-14 08:02 PM | Reply

Also, you do realize that "China State Media" is controlled by the Communist Party...right?

#3 | Posted by Rightocenter at 2019-10-14 08:03 PM | Reply

Did "Phase One" get fabricated from whole cloth by Trump just a few days ago, so he could pretend he's making progress?

Or have we known this was only "Phase One" for like a year now?

#4 | Posted by snoofy at 2019-10-14 08:06 PM | Reply

#4

Ask CNBC and Bloomberg:

"China wants another round of talks before signing what President Donald Trump called last week the first phase of a trade deal between the two nations, a source told CNBC's Kayla Tausche on Monday.

It is not clear whether the additional trade talks would take place in Washington or Beijing, but a Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one of the trade deal.

Bloomberg News first reported the news and said in its report that China also wants the U.S. to scrap a tariff hike scheduled for December."

#5 | Posted by Rightocenter at 2019-10-14 08:10 PM | Reply

Or how about CBS Marketwatch:

"While a rise in U.S. tariffs on Chinese imports due Tuesday will not now go into effect after President Trump announced at least a partial deal late Friday, no White House decision has been made yet on planned on a new 15% tariff set to go into effect on Dec. 15 on about $160 billion in annual Chinese imports. U.S. Treasury Secretary Steven Mnuchin told reporters on Monday that if a deal isn't in place by December, those tariffs will go ahead, but he also said, "I expect we will have a deal."

After Mnuchin spoke, Hu Xijin, the influential editor-in-chief of China's state-controlled Global Times, tweeted that China's attitude about a deal remains "positive":

Hu Xijin

@HuXijin_GT
Based on what I know, China-US trade talks made breakthrough last week and the two sides have the strong will to reach a final deal. Initial statement of the Chinese side is moderate. This is China's habit. It doesn't mean China's real attitude is not positive.

719
6:27 AM - Oct 14, 2019

Meanwhile, the China-owned English newspaper China Daily said in an article Monday while the forward steps in trade talks were "encouraging," a "partial deal, if inked doesn't mean the trade row has been settled once and for all."

As part of the deal, the U.S. postponed a planned tariff increase on $250 billion in Chinese imports from 25% to 30%, originally set to take effect Tuesday, in exchange for Chinese promises to buy $40 to $50 billion in American agricultural products annually though that would be double the $24 billion China bought in 2017.

Earlier citing sources, Bloomberg reported Monday that China wants further discussions as soon as the end of October, to smooth out details of the so-called "Phase 1" trade deal announced by President Donald Trump that will delay a tariff hike, boost Chinese agricultural purchases and address foreign currency levels. The agreement was not set out in writing, and only in principle.

One of the sources told Bloomberg that Beijing could send a delegation led by top negotiator Vice Premier Liu He to put the final touches on a written deal in time for a signing at next month's Asia-Pacific Economic Cooperation presidents meeting in Chile."

#6 | Posted by Rightocenter at 2019-10-14 08:21 PM | Reply

I'm asking when is the first time we knew we were in, or at the end of, "Phase One?"

When was the first time a "Phase One" was talked about?

First I heard of it was a few days ago.

#7 | Posted by snoofy at 2019-10-15 12:54 AM | Reply

Fat Nixon is desperately looking for any way to save face in his fiasco of a trade war.

The closer it gets to the election, the more heat he will feel. Xi has no such heat on him.

As such I look for a deal to be announced by Conjob Don that "is tremendously huge for the United States" but on closer inspection will only be marginally different.

#8 | Posted by Nixon at 2019-10-15 11:35 AM | Reply

From what I've read, China is reluctant to go as far as saying a partial, or even a tentative, deal has been reached because Pres Trump once changed his mind leaving China with egg on their face.

China seems to be wary of Pres Trump's tendency to change his mind, and his policies, based upon the last person to talk with him.

So China wants to have more certainty in the process before they start touting a deal, partial or otherwise.


#9 | Posted by LampLighter at 2019-10-15 01:55 PM | Reply

Check out leftcoastoecentrelawyer frantically burying that cat turd

He is trying to beat us into submission via copy/paste

#10 | Posted by ChiefTutMoses at 2019-10-15 06:11 PM | Reply

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