President Trump's Trip to China Ends with $250 Billion in New Contracts
President Donald Trump capped his two-day summit in China Thursday with a litany of new commercial contracts for some of America's biggest companies even as he continued to criticise trade relations between the world's two biggest economies.
Around $250 billion in new and existing deals between U.S. and Chinese firms were touted by the President and his team as they departed from the third leg of his 11-day Asia tour and celebrated the anniversary of his shock election victory last November. Boeing Co. (BA) - Get Report , General Electric (GE) - Get Report , Qualcomm Inc. (QCOM) - Get Report and Ford Motor Co. (F) - Get Reportwere just names on the list of deals and contracts linked to the Trump visit and the broader ambitions of an economic policy he began trying to co-ordinate with China's Xi Jinping earlier this year.
"Addressing the imbalance in China trade has been the central focus of collaborative discussions between President Trump and President Xi," said Trump's Commerce Secretary, Wilbur Ross. "Achieving fair and reciprocal treatment for the companies is a shared objective."
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