Trump touts '$300 billion' in trade deals with Asia
Source: Politico
By LOUIS NELSON 11/14/2017 08:15 AM EST
President Donald Trump touted the economic successes of his trip to Asia Tuesday, telling reporters that the five-nation tour had netted the U.S. at least $300 billion in trade deals.
We've had a tremendously successful trip. Tremendous amounts of work was done on trade, not only on the deals and we have at least $300 billion worth of deals, but that will be, I think, way triple that number in a fairly short period of time, Trump said in remarks to the press as he left the East Asia Summit in the Philippines.
More important than the unconfirmed dollar figure, the president said, was the message he conveyed throughout his trip that the United States is open for trade, but we want reciprocal trade. He reiterated his regular criticism of past administrations, that they allowed the U.S. to be taken advantage of on the world economic stage.
One deal that earned specific mention from Trump is Vietnams $12 billion order from Boeing, one that the president said came even though they were going a different route. It was unclear if Trump was referring to an $11.3 billion deal between Boeing and Vietnams VietJet airline signed in 2016 during a visit by former President Barack Obama or if Vietnam had placed an additional order with Boeing.
Read more: https://www.politico.com/story/2017/11/14/trump-asia-trade-deals-244877?lo=ap_b1
SHRED
(28,136 posts)...this is more "smoke and mirrors".
Not Ruth
(3,613 posts)0rganism
(23,937 posts)Bernardo de La Paz
(48,988 posts)He starts saying "way more than" and then has the thought "triple" so he just said it.
NewJeffCT
(56,828 posts)is taking credit for the $11.3 billion deal Boeing signed under Obama.
gordianot
(15,237 posts)Trillions are at stake when billions represent personal wealth and debt.
ProfessorGAC
(64,986 posts)If this ends up accurate (doubtful) but it's over 10 years, that's 30G per year which is 1/6th of 1/10th or 1%.
And since it's "reciprocal" what does the other side of the ledger show?
syringis
(5,101 posts)Must be what we call in French "monnaie de singe" I think the equivalent in English is "funny money".
What is Trump saying about TPP revival without the US ?
Angry Dragon
(36,693 posts)Freethinker65
(10,009 posts)Were any of these deals signed and dated?
C_U_L8R
(44,997 posts)Big big bigly. The biglyest.
Yeah, that's the ticket.
hatrack
(59,583 posts)Yeah, that's what I thought . . .
heaven05
(18,124 posts)can believe ANYTHING this lying POS says, ever...ever This POS is obsessed with trying to belittle his predecessor, the intelligent, classy President Barack Hussein Obama, while he will always remain a very, very little man with nothing but cons, lies, bankruptcies, 11 at last count and p...grabbing as a legacy of his entitled, white privileged life. His kids can't even be pointed to as being a better example of a human being. Fuck this spoiled child trying to be potus...total failure.
Hestia
(3,818 posts)What Rachel Maddow Show last night about all the money deals that he announces but it is all enrichment deals for his families brand.
Vinca
(50,255 posts)Don doesn't know the difference.