DealBook: winners and losers of the trade agreement

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President Trump and Deputy Prime Minister Liu He of China signed a long-awaited phase one commercial agreement at the White House yesterday. Here is who benefited from the agreement and who stayed outside.

Winners:

• Mr. Trump. He is claiming a political victory by negotiating an agreement that says his predecessors could not do. (Even if the covenant does not keep its previous promises).

• President Xi Jinping of China. It eases trade tensions at a time when the Chinese economy is weakening.

• Financial companies. US banks can now take control of their joint ventures in China, while credit card processors advanced their search to operate in the country.

• American farmers. They will continue to export to China, after being the biggest victims of the trade war.

Losers:

• American farmers. China’s commitment to buy American agricultural products is only for two years, and Beijing is vague about what will come after that.

• Chinese exporters. They remain subject to tariffs on goods worth $ 360 billion that will not be raised until a phase two agreement is reached.

• China hawks in the Trump administration and elsewhere. The agreement does not address Chinese state subsidies, cybersecurity or Beijing’s technology policies.

The agreement stabilized relations between the United States and China something and changed American thinking about Beijing. “There is now a broad consensus in the United States challenge China in its worst actions, ”writes Heather Long of WaPo.

An advertising-free version of Peacock It is expected to cost $ 10 a month. Comcast subscribers, the parent company of NBCUniversal, would get free access to Peacock content with limited ads, which would cost $ 5 per month for non-subscribers. A free version will have limited content and many ads.

NBCUniversal and Comcast seem to be betting that “the transition from pay-TV to transmission is better for NBCUniversal if that movement is as slow as possible,” concludes Sherman.

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