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CNBC Fast Money July 13, 2024

Threephase deal he calls it substantial. He says its bigger than previous iterations of the deal. And some of the items you mentioned were in it a pledge on currency transparency, a pledge by china to buy up to 50 billion in u. S. Agricultural goods a tariff hike that was planned for october 15th will not be going forward. And the signaling from the trade representative ambassador Robert Lighthizer was that there will be many weeks between the signing of the phase one deal and the december 15th tariff hike or the december 15th consumer facing tariffs to potentially deal with those. Thats going to be important to the market now whats interesting about todays announcement was that up until earlier this woke the president said vehemently that he wanted a big deal he wanted a comprehensive deal and it was not his preference to do a deal in pieces. He was asked that question multiple times this afternoon about why he chose to struct ....

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