Trump Claims China to 'Fully' Open Markets to US Businesses

Former President Donald Trump announced on Monday that China has agreed to "fully" open its markets to U.S. businesses. Trump made the statement to reporters at the White House, characterizing the arrangement as potentially the most significant development to emerge from recent trade negotiations.

"We've made a deal, a very comprehensive deal," Trump said. "China will be opening up to the United States, and they will be opening up fully."

While details remained sparse, Trump emphasized the potential economic benefits for American companies. He suggested that the agreement would provide increased access and opportunities for U.S. businesses to compete in the Chinese market. The announcement comes after a series of high-level trade talks between the two nations, aimed at addressing trade imbalances and promoting a more level playing field.

Critics have urged caution, awaiting further clarification on the specifics of the agreement and its enforceability. Concerns remain about intellectual property protection and other trade barriers that have historically hindered U.S. businesses operating in China. Further details are expected to be released in the coming days as negotiations continue.