On Wednesday, Jack Ma, founder and chairman of the Chinese retailer Alibaba, walked back a promise he made to President Trump in January 2017.
During their meeting, Ma told Trump he planned on creating 1 million jobs in the United States over five years, getting American businesses and farmers onto Alibaba's online platform to sell their wares in China. There's no way this could happen now, Ma told the Chinese news outlet Xinhua on Wednesday. "The promise was made on the premise of friendly U.S.-China partnership and rational trade relations," he said. "That premise no longer exists today, so our promise cannot be fulfilled."
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