The First Six Months
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ON TRADE
KILLED TPP
- $350+ billion deal with Saudi Arabia ($110 billion in arms $250 billion in trade/investment) creating 100,000’s of jobs in both countries, historic.
Pulled out of PARIS ACCORD
Had a major victory on sugar exports from Mexico, made Mexico drop the exports % and the amount of refined sugar. This will help our sugar industry and the US sugar mills that produce refined sugar from raw sugar.
Notified Congress of NAFTA renegotiation on May 18th. Talks can start 90 days later on Aug 16th, 2017
China Trade deal opening up beef and LNG gas as well as giving a way to get 1 billion Chinese credit scores so the USA can offer them credit. Trade deal was done in record time.
Sec Ross has slapped more than $2 billion in fines on China and Canada for illegal trade practices.
the U.S. Department of Agriculture has reached agreement with Chinese officials on final details of a protocol to allow the U.S. to begin the beef exports to China (6/12/17). The first beef has been imported to China (06/30/17 and Sec Predue cut and ate a USDA prime rib in China)
Reopening KORUS ( South Korean )trade deal ( 06/30/17) per White House started week of (07/14/17)
saw the first shipment of LNG to Poland and spoke at the three Seas summit to open up additional energy exports.
The United States Trade Representative released its objectives for upcoming NAFTA negotiations (07/18/17)
Canceled the Cuba Trade deal done by Obama (06/16/17)On Economy
Unemployment rate 4.4% u-3 and 8.6% U6 (for June 07/07/17)
222,000 Jobs created in June per BLS (07/7/17)
Proposed a $1 Trillion infrastructure project
Stock Market at Historic Highs (Dow up 18%, NASDAQ up 21.5%, S&P 500 up 14.9% since election day as of 07/18/17)
US homes prices climb at fastest pace In 3 years per CNBC. In Apr
Jobless claims hit 28 year low in Apr
OPEC broken can no longer set prices due to USA energy production unleashed
Secured $50 billion investment from Japan