The Household & Commercial Products Association (HCPA) released the following statement today, attributed to Steve Caldeira, President & CEO of HCPA, after President Trump and Chinese Vice Premier Liu He signed a trade agreement in a step to deescalate the ongoing trade war between the two countries, and includes a commitment by China to purchase $200 billion in U.S. goods.
“HCPA applauds the Trump Administration for reaching a trade deal with China that will strengthen the American economy. We remain hopeful that this Phase One deal is an indication of a larger and more inclusive Phase Two agreement that will eliminate tariffs in support of free and fair global trade.
We want to thank our members and coalition partners for their steadfast work in guiding the Administration toward this important milestone, and HCPA will continue to advocate for removing barriers to free trade. By facilitating the purchase of more than $77 billion in manufactured goods over the next two years, this agreement will help bolster American manufacturing and the global economy.”