The deal basically breaks down to China agreeing to buy $200 billion in new American goods while the US agrees to not raise any more tariffs. We didn't give up anything and the Chinese agreed to buy more stuff - especially agricultural products.
When Trump instituted his trade war tariffs the Chinese responded by cancelling billions of orders from the US especially food stuffs. They thought this would make the US farmers put pressure on Trump to reduce his tariffs. But the unintended consequence for China was they no longer had enough food for their people. They tried alternative markets like Russia but to no avail. The Chinese learned that the US truly is the breadbasket to the world.
The deal is such a win for the US that the MSM is silent about it. Or if they do speak they have to admit, like CNBC's Jim Cramer that the tariffs worked. And now President Trump gets to campaign in the Midwest with this victory for the farmers under his belt.
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