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China and US Trade Deal Details Protections for American Firms

2020-01-15 18:31:12

The trade agreement carried out between China and the U.S., generates some protections specifically dedicated to American companies

Why sign a trade agreement between China and the US?

 This Wednesday the signing of this trade agreement will take place, because American companies have been complaining for some time about the possible disadvantage they have with Chinese companies, because they say they have to hand over a considerable amount of their intellectual property, because as a result of this, President Trump will be the one who signs the agreement giving it validity and validity.

What can we expect from the trade agreement between China and the United States?

It is expected that this agreement will involve the $200 billion in U.S. products that China will have to buy, because here the Asian country has said that it will closely monitor Chinese companies, because of the issue of those who are responsible for stealing trade secrets, this being a huge concern for U.S. companies, China has said that it will be vigilant that Chinese companies do not seek to harm U.S. interests, because in the opinion of some U.S. authorities, China has been hiding behind these practices, in order to jump the gun, the main affected being U.S. companies, so this trade agreement could end these practices nothing decent.

What are the concerns of US companies regarding the China/US trade agreement?

Technology is still quite a worrying issue for American companies, even though the United States wanted the Asian country to transfer the technology, it has been the Chinese themselves who have said that they are not going to force these companies to commit such madness. It is clear that with the signing of this trade agreement, there can be a truce between China and the U.S., so that relations can be stabilized, because this is a good start that can be made between two developed countries, because with the signing of this Wednesday will advance considerably, at some later date will be completed these agreements, which if it is true is that this signing ceremony will take place in the United States.

What measures can the US take to prevent China from violating the trade agreement?

One of the main measures that the U.S. government will take is the application of tariffs in case China does not comply with these agreements, because the existence of these agreements between China and the U.S., will only depend on the responsibility of the parties, only that Americans emphasize China, because some indicate that the promises that the Asian country will comply could be vague, but also has and those who claim that these could be very safe. The tariffs applied could reflect the sum of $360 billion, according to the spokesman for the representative of the United States Trade Office, an extremely high figure, but one that seems to be only a number for the United States.

The totally unfair commercial practices practiced by the Trump administration are the epicenter of the concerns, since lately it has made extremely arbitrary decisions, obviously for any spokesman of the United States this agreement will be favorable, since it involves an enormous advantage in relation to the other countries, this trade agreement between China and the United States, is a step to end the trade war between the two countries that has lasted a long time.

 Consequently, the trade agreement signed this Wednesday between China and the United States, are summarized at the end of the trade war executed by both countries, with a huge imbalance in contrast to the Asian country

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