President John F. Kennedy once said, “let us never negotiate out of fear. But let us never fear to negotiate.” Kennedy’s words live on today as we fight to level the playing field with our trading partners around the world. The Trump Administration has negotiated trade deals with South Korea and Japan, in addition to the USMCA with our closest neighbors.
Earlier this month, the administration kept up the momentum by coming to a preliminary agreement with China on what President Donald Trump called “phase 1” of a potential deal.
This agreement would be a win for America. It calls for potentially doubling U.S. annual agricultural exports to China, and addresses some Chinese foreign-exchange issues. It also halted some scheduled tariff increases, making it a win for China too.
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