President Donald Trump Approves Trade Deal With China

The transcript discusses the Phase One trade deal between the US and China, announced by President Trump. It highlights that the deal does not address issues with Huawei Technologies, a Chinese tech giant blacklisted by the US. The deal delays new tariffs on $160 billion in Chinese imports and reduces some existing US tariffs. Additionally, China will purchase $50 billion in US agricultural products. President Trump mentions that negotiations for a Phase Two deal will begin immediately, rather than waiting until after the 2020 election.

What major issue was not addressed in the Phase One trade deal between the US and China?

• Intellectual property rights

• Huawei Technologies

• Currency manipulation

• Environmental regulations

What was the scheduled date for the new tariffs on Chinese imports before they were delayed?

• Monday

• Saturday

• Sunday

• Friday

By how much were some existing US tariffs on Chinese goods reduced?

• By half

• By two-thirds

• By one-fourth

• By one-third

How much is China expected to spend on US agricultural products as part of the trade deal?

• $50 billion

• $40 billion

• $60 billion

• $30 billion

When are the US and China expected to begin negotiations for the Phase Two trade deal?

• After the Phase One deal is fully implemented

• In 2021

• Immediately

• After the 2020 election