Fox Business News - Maria Bartiromo: TRUMP IS 'OVERSELLING' THE TRADE DEAL WITH CHINA: 'THE CHINESE GOT WHAT THEY WANT'

Records sales of what?

ox Business host Maria Bartiromo criticized President Donald Trump's administration for "overselling" a new trade agreement with China, arguing that "the Chinese got what they want" while the U.S. got very little in return.

"Let's not forget, the Treasury [Department] has been overselling details of this deal now for years," Bartiromo pointed out Monday during Mornings With Maria. She pointed out that Trump's treasury secretary, Steven Mnuchin, "came out a year ago and said, 'Oh we're 90 percent there, we're 90 percent there,' only to find out that they were not close at all."

While the Trump administration has touted the deal as a win for the U.S., Bartiromo and other analysts are skeptical. Meanwhile, China has reportedly called for a new round of trade talks before it signs any agreement, according to CNBC, which suggest that the deal is not as solid as the White House has claimed.

"Most of the big issues have not been resolved by this. We still have the open question of whether or not the Chinese are going to steal intellectual property. The forced transfer of technology is nowhere. Basically, to me it looks like the Chinese got what they want," said Bartiromo, who often defends Trump and his administration, on her Monday show.

She later asserted that she wasn't "buying" the idea that the deal was a win for the U.S. "I think they continue to want to see markets rally and stay calm, so they tell us we're close, we're close, we're close," she argued. "But the president has gotten nothing in terms of the big-ticket items."

Chinese state media also voiced caution, saying both sides shouldn't start celebrating yet.

"While the negotiations do appear to have produced a fundamental understanding on the key issues and the broader benefits of friendly relations, the Champagne should probably be kept on ice, at least until the two presidents put pen to paper," China Daily wrote in a Sunday editorial.

Reality.

President Trump’s tariffs and other sanctions are hitting China at a vulnerable moment. The Chinese National Bureau of Statistics reported July 15 that gross domestic product grew by 6.2% in the second quarter, China’s slowest growth since 1992. The actual picture is much cloudier. Beijing has for years cooked the books to make the regime’s performance look better, and they are undoubtedly doing the same now.

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Devaluing your own currency to compete is a losing proposition.

"To weather the economic storm, Beijing resorted to devaluing its own currency—a policy that has helped keep the price of Chinese exports to the U.S. from rising due to the tariffs. But a cheaper currency probably won’t reverse China’s economic slump or encourage businesses to invest in the country."

Agriculture agreement is about it. POTUS wants USMCA done first, not sure if Pelosi is going to bring that to a vote. Hong Kong will be China's undoing.


"It is unreal how the Trump dynamic has changed things."

Samantha Power, 11/29/16

She is/was a hardcore Trumper. Even she can see through the BS. They're turning on him daily

Trump was praising her (along with a select few others at Fox) at his rally literally only four days ago.

Pelosi will never bring that to a vote. Noway, noway, noway. Samantha Power. That dude should be in jail.

Maria shows up to work every morning looking like she just came from an all night gang bang where she was ran train on. That’s why I watch her every morning.

A deal means both parties are satisfied, am I missing something.

America is not in decline china just laid off nearly 2.5 million people.


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China’s playing Trump for the chump he is. Desperately needing some kind of a win, Trump announced “Phase 1” as if some kind of deal had been concluded, which it hadn’t. Then China added more conditions that Trump will be forced to swallow.

Trump’s a guppy in a shark tank.

Maria shows up to work every morning looking like she just came from an all night gang bang where she was ran train on. That’s why I watch her every morning.

For the first nine months of the year, Chinese imports of American goods were off 26.4% at $90.6 billion. Exports to the United States were off 10.7% at $312 billion.

So our exports to China fell by twice as much as our imports from China.

Not winning. We lose.

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Maria Bartiromo: TRUMP IS 'OVERSELLING' THE TRADE DEAL WITH CHINA: 'THE CHINESE GOT WHAT THEY WANT'

She is correct. Trump's hands were tied with the constant deep state attacks, he is literally under assault daily.

Yet another reason why the deep state and CIA leadership in DC and Virginia are affecting national security.

China is BY FAR the greatest threat to US national security, nothing else even holds a candle to that threat.

ox Business host Maria Bartiromo criticized President Donald Trump's administration for "overselling" a new trade agreement with China, arguing that "the Chinese got what they want" while the U.S. got very little in return.

"Let's not forget, the Treasury [Department] has been overselling details of this deal now for years," Bartiromo pointed out Monday during Mornings With Maria. She pointed out that Trump's treasury secretary, Steven Mnuchin, "came out a year ago and said, 'Oh we're 90 percent there, we're 90 percent there,' only to find out that they were not close at all."

While the Trump administration has touted the deal as a win for the U.S., Bartiromo and other analysts are skeptical. Meanwhile, China has reportedly called for a new round of trade talks before it signs any agreement, according to CNBC, which suggest that the deal is not as solid as the White House has claimed.

"Most of the big issues have not been resolved by this. We still have the open question of whether or not the Chinese are going to steal intellectual property. The forced transfer of technology is nowhere. Basically, to me it looks like the Chinese got what they want," said Bartiromo, who often defends Trump and his administration, on her Monday show.

She later asserted that she wasn't "buying" the idea that the deal was a win for the U.S. "I think they continue to want to see markets rally and stay calm, so they tell us we're close, we're close, we're close," she argued. "But the president has gotten nothing in terms of the big-ticket items."

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