Trump getting ready go china trade #
You're referring to the upcoming trade negotiations between the United States and China. Here's a summary of the situation:
Background: The trade tensions between the US and China have been escalating since 2018, with both sides imposing tariffs on each other's goods. The US has accused China of unfair trade practices, including intellectual property theft and forced technology transfer, while China has retaliated by imposing tariffs on US goods.
Recent developments:
- In May 2019, the US and China agreed to a 90-day ceasefire in the trade war, during which time they would negotiate a trade deal.
- In June 2019, the US and China held talks in Beijing, but they failed to reach a deal.
- In August 2019, the US and China agreed to a new 90-day ceasefire, during which time they would continue to negotiate a trade deal.
- In October 2019, the US and China held talks in Washington, but they failed to reach a deal.
What's next:
- The US and China are set to hold another round of trade talks in Beijing, China, starting on February 13, 2020.
- The talks are expected to focus on issues such as intellectual property protection, forced technology transfer, and market access.
- The US has threatened to impose additional tariffs on Chinese goods if a deal is not reached, while China has threatened to retaliate with its own tariffs.
Trump's stance:
- President Trump has been a vocal advocate for a strong trade deal with China, and has threatened to impose tariffs on Chinese goods if a deal is not reached.
- Trump has also accused China of not living up to its commitments under the previous agreements, and has threatened to impose additional tariffs on Chinese goods if China does not make concessions.
Key issues:
- Intellectual property protection: The US has accused China of stealing intellectual property from American companies, and is seeking stronger protections for US companies.
- Forced technology transfer: The US has accused China of forcing American companies to transfer technology to Chinese companies, and is seeking to end this practice.
- Market access: The US is seeking greater access to China's markets for American goods and services.
Impact on the economy:
- The trade tensions between the US and China have had a significant impact on the global economy, with many countries feeling the effects of the tariffs and trade restrictions.
- The US-China trade war has also had a significant impact on the US economy, with many American companies feeling the effects of the tariffs and trade restrictions.
Overall, the upcoming trade talks between the US and China are expected to be a critical moment in the trade war, with both sides seeking to reach a deal that benefits their respective economies.