U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade ...
U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade deal with China despite concerns over Beijing's handling of the coronavirus pandemic.
Grassley, a strong backer of the trade agreement signed in January, told reporters he felt reassured that Trump would stick to the deal after a private conversation with his fellow Republican late last week."I was very satisfied with his answer and you know I wouldn’t be satisfied ... if I didn’t feel like the president was going to maintain that trade agreement with China,” the senator said during a regular call with agriculture reporters.
White House economic adviser Larry Kudlow on Tuesday said the Phase 1 trade deal with China was intact for now, but that Trump was so"miffed" with Beijing over the novel coronavirus and other matters it was not as important to him as it once was.
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