Please explain what part of any trade deal would address our loss of mfg jobs?
Trump has seen, in this freeze on tariffs, the only thing China has”won” is a delay on tariffs being increased.
Manufacturing has and continues to move OUT of China because of tariffs. It is not moving back here and won’t as long as it costs more overall to mfg here.
Money goes where money grows and it always will.
If I was the president, I would place a strict limit on max annual trade deficit with China or any other country for that matter. If the deficit exceeds that level, then automatic tariffs get activated. Higher the deficit, higher the tariffs.
Since Trump imposed tariffs on manufactured items imported from China, it has had the obvious effect of making those products less competitive to make in China, and that is why some manufacturing is moving out of China.
Not having read the details of this current deal I can not posit a relevant opinion. All I know at this point is what I heard on news that China has agreed to buy $40-50 Billion worth of agricultural products. That is a small fraction of out current annual deficit.