The Trump administration says more China tariffs could be imposed in December
In this Friday, April 7, 2017, file photo, U.S. President Donald Trump, left, gestures as he and Chinese President Xi Jinping walk together at Mar-a-Lago in Palm Beach, Fla.President Donald Trump was swift to assert the US has made "very substantial" progress on trade with China last week.
The White House announced on Friday that China would increase agricultural purchases, pursue unspecified changes to its currency and intellectual property rules, and open up access to financial services markets. In return, the US postponed tariff increases that had previously been scheduled to take place this week.
Trump attempted to tout particular progress for the farmers who helped elect him in 2016, saying it was "the greatest and biggest deal ever made for our Great Patriot Farmers in the history of our Country." While most welcomed the announcement that China would buy more farm goods, they remained skeptical after months of similar pledges.
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