By: Brian Evans

After President Trump and Chinese Leader Xi announced that they had come up with a trade agreement over trade between the two nations, markets were rocked by one of the largest drops in market history, both in the United States and around the world. However, the market drop wasn’t so much about the deal, as it was the fact that President Trump announced a 90 day freeze on Chinese tariffs, by the United States. In a bit of irony, the markets reacted negatively due to a combination of concerns by investors that President Trump would permanently eliminate the Chinese tarriffs, while China breaks the deal. However, even as the markets plummeted on Tuesday, President Trump took to Twitter to re-assure investors that he would continue to represent the interests of American companies, and especially American jobs and workers. President Trump said on Tuesday…

Then on Thursday morning, after the Presidents strong optimism, the Chinese Commerce Minister announced that China would immediately begin the implementation of the trade deal that was agreed upon between President Trump and Xi Jinping.

On Wednesday, China’s Commerce Ministry Spokesman Gao Feng told reporters the Chinese government is “full of confidence” a deal with the United States will be reached in the next 90 days. He said…

First of all, we will start with agriculture, energy and auto products to immediately implement the details of the consensus reached between the two sides. Then in the next 90 days we will refer to a clear time-table and road map and conduct negotiation on the issues of intellectual property rights protection, technology cooperation, market access and trade balance.

The Chinese Ministry also reported

Fox News reported…

In all, it shows an good indication that a strong and positive working relationship is growing between the United States and China. However, the President has also made it abundantly clear, that if China fails to uphold its end of the deal, tariffs would be re-imposed, and the United States would continue to take precautions to protect American interests, American companies, and ultimately the American workers.

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