Marshall Celebrates China Phase One Deal Signing

Statement

President Donald J. Trump signed Phase One of a trade deal with China on Wednesday, securing a tremendous victory for Kansas producers and manufacturers. Congressman Roger Marshall, M.D., issued a statement in response to the signing:

"This agreement today represents an enormous victory for Kansas agriculture producers and manufacturers. This is yet another promise kept by our President that will continue to improve the lives of all Americans," said Dr. Marshall. "Our farmers and ranchers have borne the brunt of the effects from this trade battle, and I am happy to say that things will get better soon. President Trump's efforts to solidify deals with our four largest export markets - Mexico, Canada, Japan, and now China, will give Kansans the confidence needed to move into the next decade and beyond."

As part of the Phase One agreement, China will buy $200 billion worth of American goods and services over the next two years, nearly doubling our U.S. exports to the country and further narrowing the gap on our longstanding trade deficit. Agriculture goods will account for nearly $100 billion of the purchases, providing a much-needed boost to the industry that accounts for more than 40% of our state's economy.

Source