Trump’s “Phase One” Trade Deal Is Another Classic Trump Scam | Vanity Fair

Trump’s “Phase One” Trade Deal Is Another Classic Trump Scam | Vanity Fair

“This Phase 1 deal is an extreme disappointment to me and to millions and millions of Americans who want to see us make China play fair,” Schumer said. “President Trump’s Phase 1 trade deal with China is a historic blunder.” Joe Biden was similarly underwhelmed, telling Bloomberg News: “China is the big winner. True to form, Trump is getting precious little in return for the significant pain and uncertainty he has imposed on our economy, farmers, and workers.” The steps phase one takes “are almost all vague, weak, or covered by previous announcements and existing agreements. It’s no wonder Trump doesn’t want the American people to see the text of the deal until after it’s signed.”

via Trump’s “Phase One” Trade Deal Is Another Classic Trump Scam | Vanity Fair