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Steve Herman @W7VOA
, 10 tweets, 4 min read Read on Twitter
The @POTUS-Xi dinner here was a “highly successful meeting," says @PressSec in statement and the Chinese president, "in a wonderful humanitarian gesture, has agreed to designate Fentanyl as a Controlled Substance."
And @POTUS agreed that on Jan. 1, he'll "leave tariffs on $200 billion worth of product at the 10% rate, and not raise it to 25% at this time," adds @PressSec.
"China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial, and other product from the United States to reduce the trade imbalance between our two countries," according to @PressSec.
#China has also "agreed to start purchasing agricultural product from our farmers immediately," says @PressSec in statement.
"President Trump and President Xi have agreed to immediately begin negotiations on structural changes with respect to forced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions and cyber theft, services and agriculture," says @PressSec.
"Both parties agree that they will endeavor to have this transaction completed within the next 90 days. If at the end of this period of time, the parties are unable to reach an agreement, the 10% tariffs will be raised to 25%," according to the @WhiteHouse statement.
"President Xi also stated that he is open to approving the previously unapproved Qualcomm-NXP deal should it again be presented to him," according to @PressSec.
“This was an amazing and productive meeting with unlimited possibilities for both the United States and China. It is my great honor to be working with President Xi," says @POTUS in statement.
"It’s an incredible deal," @POTUS told reporters on Air Force One. "...if it happens, it goes down as one of the largest deals ever made. ... And it’ll have an incredibly positive impact on farming, meaning agriculture, industrial products, computers -- every type of product."
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