An historic China trade deal

On Wednesday, President Trump signed an historic Phase One trade agreement with China. This trade deal culminates a three-year-long effort by the Trump administration to rebalance our trade relationship with China. Prior to this deal, the U.S. trade relationship with China suffered from cybertheft of U.S. intellectual property, forced technology transfers, and inadequate market access to U.S. businesses.

With this Phase One trade deal, China has committed to purchasing roughly $200 billion of U.S. goods while promising to implement structural reforms and other changes to their economic and trade regime. In particular, the deal dramatically expands U.S. agriculture and food exports to China. I’m optimistic this Phase One trade deal will usher in free and fair trade with China and bring economic growth to the Central Valley. I look forward to the Trump administration’s continued efforts to deliver strong and enforceable trade deals for all Americans.