January 15,2020
Grassley Attends White House Signing of Phase One China Trade Deal
Grassley Praises President Trump, Says Only Time Will Tell if China Upholds its Commitments
Washington – Senate Finance Committee Chairman Chuck Grassley
(R-Iowa) today attended a White House signing ceremony for Phase One of a trade
deal between the United States and China.
“President
Trump and Ambassador Lighthizer should be commended for this significant
progress toward a full and enforceable deal with China. Farmers have borne the
brunt of retaliation throughout this trade war. At the White House today, I was
thinking of my neighbors in Iowa and all the other farmers across the country
who have stood strong throughout this process,” Grassley said. “I hope
this proves to be a turning point in our economic relationship with China, but
I’ve seen enough history to be clear-eyed. Not only must China follow through
with its commitments in this Phase One deal, but also work toward a
comprehensive agreement that ends forced technology transfers, intellectual
property theft and unfair restrictions on U.S. goods, including agriculture.
Only then will we know if China can be a reliable economic partner in the 21st
century.”
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