Trump Gets $253 Billion, But No Reset in China Trade Relations From Xi — Panjiva
MENU

Panjiva_research_logo

Trump Gets $253 Billion, But No Reset in China Trade Relations From Xi

Ags - Grains/Beans 155 China 1727 Cons. Staples - Food/Beverages 385 Industrials - Aero/Defense 129 Info Tech - Tech Hardware 372 North Korea 35 Tariffs 1140 Trade Deals 689 U.S. 3230

As expected, President Trump’s visit to China has been accompanied by the signing of several commercial deals, but has not featured a big reset in trade relations. The $253 billion value of deals announced is impressive when compared to the $269 billion annual trade deficit the U.S. holds with China, but includes a mix of long-term investments and multi-year investment deals. While it is easy to be skeptical, several deals are significant. A $37 billion jet purchase program for Boeing is equivalent to 55% of annual U.S. exports of jets to China if spread over five years. Qualcomm’s thre...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.