Sen. Tina Smith on China Trade Deal: ‘It Is a Truce, Not a Victory’

EXCERPT:

SCIUTTO: "China trade deal is going to be announced later this morning. You have a lot of farmers in Minnesota and you speak to them all the time and the trade war has been tough for them, trade war cost Minnesota businesses nearly $800 million through October 2019 according to one group there. I wonder if you find this trade deal which the president has described as phase one a step in the right direction for Minnesotans."
SMITH: "Well, I think it is a step in the right direction, but it is a truce, not a victory. You know, China combined with Mexico and Canada are Minnesota’s three largest trading partners. And our economy is built on international trade. So the erraticness, the chaoticness of what we’ve been dealing with our trading partners over the last two years has had real big impact on Minnesota farmers.”