Submission + - Donald Trump secures China trade deal that may ease smartphone and PC prices (betanews.com)
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer both confirmed that meaningful progress was made, thanks in part to the productive setting provided by the Swiss. But letâ(TM)s not kid ourselves; this deal wasnâ(TM)t born in the Alps.
This deal was clearly the result of a long-term strategy from President Trump, who took a lot of heat early on for slapping tariffs on Chinese goods and declaring a national emergency over the countryâ(TM)s enormous $1.2 trillion trade deficit. At the time, critics called it reckless. Now, it looks more like Donald Trump was playing chess while others were busy playing Chinese checkers.