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ART OF THE DEAL: China Agrees to First Phase of Trade Deal With Trump

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On Thursday, December 12, 2019, President Donald Trump signed off on a mini-trade deal with China.

Trump then followed up with the Phase One Deal with China on Friday, December 13, 2019.

This tentative agreement, which Trump describes as a “phase one” deal, codifies what was originally agreed to back in October.

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It will demand that China significantly increase its purchases of U.S. agricultural products, open up its financial services sector, and implement new protections against the theft of intellectual property.

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Trump tweeted, “We have agreed to a very large Phase One Deal with China. They have agreed to many structural changes and massive purchases of Agricultural Product, Energy, and Manufactured Goods, plus much more. The 25% Tariffs will remain as is, with 7 1/2% put on much of the remainder….”

 

He then added, “…..The Penalty Tariffs set for December 15th will not be charged because of the fact that we made the deal. We will begin negotiations on the Phase Two Deal immediately, rather than waiting until after the 2020 Election. This is an amazing deal for all. Thank you!”

Additionally, Trump is expected to cancel a 15 percent tariff that was slated for Sunday. Trump is also expected to slash duty rates that are already imposed on previous goods affected by tariffs such as clothing, flat panel TVs, and footwear.

The trade deal will also include new rules demanding China to be more transparent in its currency valuations with respect to the dollar. The Trump administration has already declared that China is a currency manipulator because Beijing intentionally lowers the value of the renminbi— the currency’s official name — thus making exports cheaper.

The second phase of negotiations with China will attempt to tackle systemic trade issues that U.S. companies have complained about for decades, such as Beijing’s subsidization of state-owned companies and the Chinese’ government’s constant demands that multinationals transfer technology in order to operate in China.

So far, Trump has gotten the China issue right.

The country’s not too distant past of authoritarianism should worry Western countries as China becomes more powerful on the world stage.

Tough diplomacy, trade pressure, and other forms of soft power should continue to be used to contain China’s influence.

Trump’s trade deal is a good place to start, however.

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As the U.S. Elections Approaches, Thousands of Immigrants are Gaining U.S. Citizenship

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America’s foreign voter base continues to grow ahead of the 2020 presidential election.

John Binder of Breitbart News noted that this is “adding a bloc of first-time foreign-born voters to the electorate.”

The last few months has seen delays in naturalization ceremonies thanks to the Wuhan virus pandemic. As of June, the United States Citizenship and Immigration Services (USCIS) agency restarted ceremonies, with 2,000 immigrants being naturalized according to a report published by Camila DeChalus on June 10.

Other immigrants, who were expected to receive citizenship in 2020, are now pressing legal action against the federal government.

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Prior to the crisis, USICS was naturalizing immigrants to the tune of 60,000 monthly.

Binder broke down the overall legal migration numbers:

Legal immigration levels — where 1.2 million immigrants secure Green Cards and nearly a million obtain naturalized citizenship annually — has driven up the nation’s foreign-born voting population to record levels.

The Breitbart writer highlighted another demographic trend that is taking place across America:

In February, Pew Research Center revealed that for the first time since 1970, one-in-ten U.S. voters will have been born outside the country in the 2020 election. High legal immigration levels have also ensured that Hispanic voters will replace black Americans as the largest voting minority for the first time in U.S. history.

According to research from The Atlantic, the New York Times, and Axios, Democrats tend to benefit from an increased foreign-born population.

Binder gave an overview about what these foreign voter numbers look like:

The Atlantic‘s Ronald Brownstein reveals nearly 90 percent of House congressional districts with a foreign-born population above the national average are won by Democrats. This means every congressional district with a foreign-born population exceeding 14 percent has a 90 percent chance of electing Democrats and only a ten percent chance of electing a Republican.

Exit polling data indicated that Trump won 49 percent of native-born Americans’ votes, whereas Clinton won 45 percent of the vote. As far as foreign voters were concerned, Clinton trounced Trump by raking in 64 percent of the immigrant vote, while Trump got only 31 percent.

At the moment, the Binder points out that the “U.S. is on track to import about 15 million new foreign-born voters in the next two decades due to existing legal immigration levels.”

Binder continued:

Those 15 million new foreign-born voters include about eight million who will arrive through chain migration, where newly naturalized citizens can bring an unlimited number of foreign relatives to the country.

The U.S. is undergoing a massive demographic transformation thanks to public policy.

In previous eras, migration waves would at least be contained by legislative pauses that allowed for assimilation.

But now, elites are content by keeping the illegal and legal migration gravy train going without any pause in sight.

Given immigrant voting trends, many freedoms such as the right to bear arms and free speech could be in jeopardy thanks to Democrats gaining a new voting bloc that will help them stay in power for a long time.

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