On the heels of the historic meeting between China’s President Xi Jinping and U.S. President Trump in Mar-a-lago, Secretary Ross announced a jaw-dropping schedule for bilateral trade negotiations between the U.S. and China.
Part of that rapid schedule included a plan for a 100-day waypoint outline toward the larger trade issues surrounding the United States and China. Against the pace of historic trade agreements the 100-day schedule was almost unfathomable; yet today Secretary Ross announces the initial waypoints have been successful.
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The Department of Commerce provides the outline of the first-stage, the initial agreement, which includes China opening their market up to U.S. agricultural products including U.S. beef export as well as liquid natural gas, and further agreements on financial services. These are multi-billion market deals.
Here’s the Commerce Dept press release. I’ll try to break it down into understandable lingo at the bottom using the included reference points from the press release:








