In this video Lou Dobbs, gives a short macro look at the trade Deal our president has just negotiated with China

China has confirmed new phase one trade deal.

Here are some of the highlights:

According to Dobbs:

The news here is much bigger than the markets understand right now

This is a deal crafted by Robert Litehizer, the President's Trade Representative, that hits on just about every element he sought in the course of this negotiation over the course of this time, we're talking about the President deferring planned Tariffs that would have gone into effect come Monday on Chinese Goods, which have now been suspended.

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He's constructing a deal for the future.

• 25% of Tariffs will remain in place with 7.5% put on much of the remainder.

• China: We Have Agreed on context of First Phase Deal.

• USRT- (U)nited (S)tates (R)epublic of China (T)rade Deal US will Keep 25% Tariffs on about $250 Billion of Chinese Imports, Trump gave up 7.5% of the original 15% on an additional $120 Billion of other goods that would have gone into effect on Monday. It is the Hard Line Trump but also the Smart President Trump we put into office.

• China agrees to a substantial increase of goods purchased from US Supplier's.

• Trade deal covers areas of IP, Tech, Transfer, Agriculture, Financial Services, Currency

• Gives Access to Chinese Markets

• US-CHINA phase one trade deal requires structural reforms to china's economic regime

• China Vice Minister of Finance: Phase Two Deal Depends on Implementation of Phase One Deal.

• US Will Begin Negotiating Phase 2 Trade Deal with China Immediately.

• 25% Tariffs will remain in Place with 7.5% Put on much of the remainder.

• 26 Billion Bailout to Farmers was taken directly from the Tariffs that have been collected and transferred to our Farmers.

• Robert Lighthizer has said the dispute mechanism is critically important to him.

Additionally on the UK front:

• British/UK will be a principal trading partner and that any amount of injury attempted by the EU against the UK, will carry with it some consequences with the trade relationship with the United States.

• The World Trade Organization is gone, its toast, from here on out its going to be a bilateral trade relationships. Bilateral because its targeted, and targeted means efficient.

Fed Vice Chair: Too soon to tell if phase one USCT will add to GDP, but any reduction of uncertainty is a is good thing.

• Economy is in a Good Place.
• Strongest Labor Market in 50 years.
• Solid Growth
• Low & Stable Inflation
• Our Baseline Outlook for the Economy is more of the same in 2020.
• We have a solid growth of around 2% November Jobs Report: NonFarm Payrolls, November Estimated: 180K - Nov. Actual: 266K. Almost 100K more than the estimate.

Expanded video: Lou Dobbs Tonight [7PM] 12/13/19 | Breaking Fox News Trump December 13 2019

Of course little of this makes headlines in the news, instead, they want to impeach our President.

We already know many in congress are in China's Pocket. How many of you believe China could be behind the push to Impeach Trump, with the speed of a meteor, before Trump could Negotiate further?

Who, in their right mind, would want to remove a President who is having such an obvious, extremely positive effect on our Economy, which, when you boil down to it, is what's making our lives better?

Could you imagine the place we would be at today, if the dem's weren't obstructing everything in congress and pulling these bullshit criminally abuses of power they are in the House?

Thoughts?