Will Trump's Trade Truce With China Last?
Episode description
President Donald Trump announced a trade truce with Chinese President Xi Jinping after a 90-minute meeting in Busan, South Korea, on Thursday. But what actually came out of the truce seems… less than meets the eye. According to Axios, Trump reduced tariffs against China in exchange for promises from the Chinese president to buy American soybeans and oil. However, the deal appears to be largely temporary, with few actual binding details that would make it any different from those made during Trump’s first term in office or even earlier this year. So for more details on the trade truce and Trump’s Asia trip, I spoke to Evan Madeiros. He’s the Penner Family Chair in Asia studies at Georgetown University with a focus on East Asia and US-China relations.
And in headlines, Immigration and Customs Enforcement refuses to cease operations during Halloween festivities in Chicago, the Trump administration restricts the amount of refugees it will allow into the US every year, and Trump administration officials held a classified briefing on the president’s escalating boat-strike campaign – but only invited Republicans.
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