H/T Clash Daily.

President Donald J Trump 1 The Chicoms 0.

You can add this to the ‘promises kept’ pile Trump keeps stacking up.

Just days ago, the gloom-and-doomers were predicting disaster in global trade, and that Trump just gave back all the gains we’ve made so far.

While the rest of the world was busy fixating on the horrors we’ve seen in Syria in recent days, and tensions ramp up there, while the Beltway is scrambling to keep up with the latest developments in the shocking raid by Mueller on the President’s personal lawyer, some of us have not stopped paying attention to other developments.

Ari Fleischer

@AriFleischer

Meanwhile…in the not Syria, not Cohen world. https://www.apnews.com/45e28f10baa2460fb17a0b101c366067 

https://www.apnews.com/dist/assets/images/Twitterlogo.png

China’s president promises to cut auto import tariff

BEIJING (AP) — President Xi Jinping has promised to cut China’s auto import tariffs and ease restrictions on foreign ownership in its auto industry amid an escalating tariff spat

apnews.com

Succinctly put, Mr. Fleisher.

President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade and technology that investors worry could set back the global economic recovery.

Speaking at a business conference, Xi made no direct mention of his American counterpart, Donald Trump, or the dispute. He promised progress on areas that are U.S. priorities including opening China’s banking industry and boosting imports but didn’t address key irritants for Washington such as a requirement for foreign companies to work through joint ventures that require them to give technology to potential local competitors.
Private sector analysts saw Xi’s speech as an overture to help end the biggest trade dispute since World War II. It has fueled fears of a global economic chill if other nations respond with their own import barriers.

Markets surged in response in Asia, Europe and also in the U.S., where the Dow jumped 300 points before the opening bell Tuesday.
Source: APNews

President Trump TOLD us he was a strong negotiator. But many of the pundits didn’t really believe him — or at least thought that our President was in over his head when it came to international trade.

The experts flinched when China threatened retaliation. They told him he needed to stand down before he ‘broke’ the economy, so to speak.

But — to coin a phrase — #NeverthelessTrumpPersisted.

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