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Trump Administration’s 2019 Trade Deal with China: A Look Back at the ‘Phase One’ Agreement

Trump Administration’s 2019 Trade Deal with China: A Look Back at the ‘Phase One’ Agreement

Trump Administration’s 2019 Trade Deal with China: A Look Back at the ‘Phase One’ Agreement In a significant development during his presidency, Donald Trump announced in late 2019 that the United States and China had signed a trade agreement. While details were initially scarce, the then-President stated the deal was finalized, with Commerce Secretary Howard Lutnick (reported in the source as Lutnick, though Wilbur Ross served as Commerce Secretary during this period) confirming it was ‘signed and sealed’ days prior….

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