When Do We Get to See the Trade Deal, Mr. President?

It's already 2020 in Shanghai! Are they ahead of us on trade, too?SIPA Asia via ZUMA

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.

Our mysterious “Phase One” trade deal with China is set to be signed:

President Trump said Tuesday he will sign the first phase of a trade deal with China on Jan. 15, as the two nations move to cement a partial truce to the trade war….But even though the White House said a deal was reached more than two weeks ago, neither side has released the exact wording of their agreement. Still, the announced deal has been enough to lift financial markets because many investors feel encouraged about the direction of the talks.

President Trump keeps boasting about how this trade deal is worth $30 billion to America’s farmers. Or maybe $40 billion. Or $50 billion. It’s the greatest trade deal in history!

And yet, for some reason nobody has seen the actual text of the deal. It’s tied up in “translation.” Or “legal review.” Or something. My own guess is that it’s tied up in “this deal doesn’t really do much of anything at all.” But I’m a cynic.

Dear Reader,

This feels like the most important fundraising drive since I've been CEO of Mother Jones, with staggeringly high stakes and so much uncertainty. In "News Is Just Like Waste Management," I try to unpack the reality we all face and how we can rise to the challenge. If you're able to, this is a critical moment to support Mother Jones’ nonprofit journalism: We need to raise $400,000 to help cover the vital reporting projects we have planned, and right now is no time to pull back.

Monika Bauerlein, CEO, Mother Jones

Dear Reader,

This feels like the most important fundraising drive since I've been CEO of Mother Jones, with staggeringly high stakes and so much uncertainty. In "News Is Just Like Waste Management," I try to unpack the reality we all face and how we can rise to the challenge. If you're able to, this is a critical moment to support Mother Jones’ nonprofit journalism: We need to raise $400,000 to help cover the vital reporting projects we have planned, and right now is no time to pull back.

Monika Bauerlein, CEO, Mother Jones

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate