VS street moment not about new commercial agreement with China | economy

The regering-Biden streeft moment is not about a two-fold phase of the bilateraal trade agreement with China. Dat heeft de Amerikaanse commercial representative Katherine Tai shown in the Senate.

Former American President Donald Trump announced the beginning of 2020 as the first phase of a trade deal with the Chinese Vice Premier Liu He. Both land sloten toen een immediately wapenstandstand wararmee op zijn minst nieuwe of hogere heffingen be prevented. Essential for that accord was the Chinese belofte om tegen and that year for 200 million dollars more goederen aan te Copen in the United States.

Well, the first accord would have to be followed by two, with overeenkomsten over sea delicate problems such as the protection of intellectual property.

In the Senaat Zei Tai dat de regering-Biden wil dat Beijing zijn engagementen uit de first phase nakomt. Maar “we don’t bend per se nor een accord in the following phase”, klonk het.

Both end up being involved three years ago in a trade conflict, with neither zijndse penalties. The Americans accuse China with the name of oneerlijke handelspraktijken, a lot of staatssteun, marktbelemmeringen and diefstal van intellectuale Eigendom.

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