WEB Notes: You hear that “sucking sound”? That was American jobs fleeing to China. Since when has any of these deals ever benefited the American? We have outsourcing and then there is something called insourcing which is sanctioned by our own government. That is know as the H-1B visa. Then if it is not people taking our jobs, machines will do it.
The Commerce Department has revealed the list of the 37 major deals signed between U.S. and Chinese companies around President Donald Trump’s trip through Asia.
The dollar value of those deals is in excess of $250 billion. Catepillar, Boeing, and Goldman Sachs are just some of the notable names on the list of companies that made deals with China, the full list of which is below.
Commerce Secretary Wilbur Ross said the deals were a good example of Trump helping to build bilateral trade relationships between the two nations.
“American businesses are the most innovative in the world and, when given access, can compete with anyone,” Ross said. “I believe these deals can provide a solid foundation for a stronger relationship that is more free, fair, and reciprocal between the U.S. and China.”