It looks like China is finally coming to their senses and are prepared to work out a deal with America in trade.
After the Chinese Yuan hit an 11-year low and the riots in Hong Kong, they know they need to do something to ease tensions and save their economy.
Fox Business Network’s Stuart Varney said about the summit, “No matter what you read and hear from the media, this G-7 was all about Trump re-aligning the world — reshaping the world economy with America’s interests first and foremost.”
And wouldn’t you know it, like the liar and moron that he is, Jim Acosta did say something contrary to this information during a news conference following the summit saying, “I think perhaps one of the biggest headlines coming out of this press conference that we just witnessed here in France is that the President would not be pinned down on this question of climate change.”
Varney added, “Trade was the headline issue … A deal with Japan — they will import a lot more of our agricultural product. Britain gets a major trade deal after Brexit, and there’s dialogue with Germany on car tariffs as well, but the most important — China.”
According to Fox News,
At the press conference Monday, President Trump said, “China wants to make a deal. And I tell this to President Xi [Jinping] who I really respect … I told him very strongly, I said ‘Look, you’re making $500 billion a year and stealing our intellectual property…We can’t make a 50-50 deal … If it’s not better, I don’t want to do business.”
Varney believes that it is time for America’s European allies to get on board with the President’s agenda. “Europeans are frankly scared of America. Their economies are sinking. They’ve entered the fantasy land of negative interest rates. Their money is pouring over here, and they just don’t know what to do. My advice — jump on the Trump train and quit whining about Iran and climate change,” advised Varney.
So what kind of deal could we expect, well I think you can expect what President Trump said at the conference, “China wants to make a deal. And I tell this to President Xi [Jinping] who I really respect … I told him very strongly, I said ‘Look, you’re making $500 billion a year and stealing our intellectual property…We can’t make a 50-50 deal … If it’s not better, I don’t want to do business.”
Photo Credit: YouTube/Bloomberg
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