Sunday, 1 September 2019

Trump's Incomplete Trade Deals


On the campaign trail, US President Donald Trump boasted that no-one strikes a trade deal better than he does. But, after more than two and a half years in office, Trump has negotiated only one major deal and even that has not been approved.

In 2018, he withdrew the United States from North American Free Trade Agreement or NAFTA. A deal to replace it, known as the USMCA, has been signed but has still not been passed by the US Congress; and at the recent G7 meeting, Trump announced a deal with Japan on agriculture and e-commerce. But, until signed, even in Trump’s words, it remains just an agreement.

China and the US have raised tariffs on one another in a back-and-forth trade dispute that continues to escalate and threatens the global economy. As Washington prepares to sit down with Beijing for more trade negotiations in September, Al Jazeera's Kimberly Halkett looks at Trump’s trade deal record.