Dan Celia: Substance Lacking in Phase 1 of China Trade Agreement
January 13, 2020
PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia said today that even though China is supposed to sign Phase 1 of the U.S.-China trade deal, the agreement is still lacking in substance.
“We’re supposed to get the signed Phase 1 agreement from China this week, and I suspect that will probably happen, but I don’t believe there’s any real meat to this agreement,” Celia said. “The Communist regime continues to export fentanyl to American citizens, it continues to be the largest polluter in the world, it continues its human rights violations, and leaders have only lied and never complied with anything they said they would do that I know of. The Communist regime of China will continue to pursue its goal of world dominance, both economically and militarily, and this will not slow that focus at all.
“Does America need good strong trading partners?” Celia continued. “Of course we do, but there are plenty of nations around the world where we could increase our trading relationship, grow our exports and expand our imports. China needs us; we do not need them, and I consider Phase 1 a win for the Chinese economy more than it is for America. But nonetheless I’m glad it’s behind us, and hopefully we can move on to other great trade deals.”
Celia discusses these and other global and economic headlines on his daily, three-hour “Financial Issues” program, heard on more than 660 radio stations and several television networks nationwide, including FISM.TV, viewed on several post-cable television platforms and online.
Read more about Celia, FISM and “Financial Issues” or visit the FISM website, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues; download the FISM app here.
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