Trump Announces $250 Billion in Deals, China Proclaims It a ‘True Miracle’ [VIDEO]
Never underestimate President Trump’s ability to bring progress to the country, unlike anything we’ve seen so far.
On Wednesday, during his joint conference with the Chinese President, Trump announced he’ll be introducing deals worth $250 billion, which marks a revolutionary investment set to boost America’s economy, prosperity and stability.
“This is truly a miracle,” China’s Commerce Minister Zhong Shan stated in Bejing shortly after the announcement.
Trump promised to focus more on the China-U.S. relationship, and ameliorate it after being broken for so long.
“Discussing trade … knowing that the United States really has to change its policies because they’ve gotten so far behind on trade with China and frankly with many other countries,” he said.
“And I have great respect for you with that because you’re representing China. But it’s too bad that past administrations allowed it to get so far out of kilter. But we’ll make it fair and it’ll be tremendous to both of us.”
Trump is certain that changes like this one will bring nothing but a positive outcome.
“After all, who can blame a country for being able to take advantage of another country for the benefit of its citizens? I give China great credit,” he said.
Although Trump never once mentioned Obama, he made quite obvious references to him.
“But, in actuality, I do blame past administrations for allowing this out-of-control trade deficit to take place and to grow. We have to fix this because it just doesn’t work for our great American companies, and it doesn’t work for our great American workers. It is just not sustainable. I look forward to working toward that goal and to pursuing fair and lasting engagement,” he said.
Another thing on Trump’s mind is maintaining the peace across the globe.
“The contributions of the business community represented here today are vital to our efforts to ensure peace and prosperity for our two nations. Together, we can unlock a future of opportunity, wealth, and dignity far beyond anybody’s wildest dreams,” he said.
As CNN reported, China plans to pour $100 billion into two U.S. energy projects.
“The massive size of this energy undertaking and level of collaboration between our two countries is unprecedented,” West Virginia Secretary of Commerce H. Wood Thrasher stated.
Alaska is expected to collaborate with China Petroleum & Chemical Corp. to come up with a liquified natural gas industry in the state. The project was estimated at $43 billion, which would open up over 12,000 jobs for Americans.
Qualcomm signed off on a $12 billion agreement with Xiaomi, OPPO, and Vivo, three leading Chinese manufacturers.
Another $37 billion deal plans for Boeing to sell a total of 300 Boeing jets to China Aviation Suppliers.
For many, these deals are a groundbreaking move to finally set things into motion and build a solid trading relationship between the two countries.
“Generally, the sense was that this is all a good thing and that’s great,” said Gentry Sayad, a Shanghai-based lawyer who attended the trade delegation event in Beijing. “Now let’s see what really happens and whether or not the agreements signed during this trip can become a basis for a better bilateral trade relationship going forward.”