pinto + 293 PZ December 31, 2019 U.S. President Donald Trump said on Tuesday that Phase 1 of an American trade deal with China would be signed on Jan. 15 at the White House. The president wrote in a tweet that he would sign the deal with “high level representatives of China” and that he would later travel to Beijing to begin talks on the next phase. 1 Quote Share this post Link to post Share on other sites
Pavel + 384 PP December 31, 2019 What's in 'PHASE1'? Quote Share this post Link to post Share on other sites
joze44 + 39 HM December 31, 2019 Farmers and ranchers should be happy with this 1st stage of trade deal... Quote Share this post Link to post Share on other sites
BALBOA + 37 BR December 31, 2019 Or as my late Pop would say "when pigs fly"....Did stock market bump today? Quote Share this post Link to post Share on other sites
50 shades of black + 254 December 31, 2019 So, now we are waiting for confirmation of Beijing?! Quote Share this post Link to post Share on other sites
francoba + 93 fb December 31, 2019 6 minutes ago, joze44 said: Farmers and ranchers should be happy with this 1st stage of trade deal... Imports of U.S. soybeans more than doubled from the previous month to 2.6 million tons. https://wlos.com/news/nation-world/chinas-november-soybean-imports-rise-after-us-trade-deal 1 Quote Share this post Link to post Share on other sites
Tom Kirkman + 8,860 December 31, 2019 11 minutes ago, Pavel said: What's in 'PHASE1'? Quote Share this post Link to post Share on other sites
Marcin + 519 MS December 31, 2019 (edited) 2 hours ago, Pavel said: What's in 'PHASE1'? Probably return to status quo as at April 2018, the differences, my opinion, do not know the text: - most tariffs will stay, - changes in IP protection that China already introduced in 2018-2019 to streamline own R&D output would be included, - Chinese purchases would have caveat of market conditions (I mean the clause about purchases is moot. It is the same as to include clause that after 31 December 2019 will be 1 January 2020, nothing astonishing but you can write this in any agreement, no controversies). The direct effects of last 18 months: - decoupling in technology, China doubles down on own technology development, - creation of double supply chains one for US and one for the rest of the world, - significant decrease in US exports to China (by 1/4) - Chinese companies are sourcing anything bar natural resources outside of US companies. Sourcing from US has too much risk of embargo, - Manufacturing in China is safer if not using US technology at all (does not matter if you are German manufacturer of cars or Chinese of mobile phones), - US relying more on hard power, bullying allies and competitors alike, decrease in soft power. Edited December 31, 2019 by Marcin typos Quote Share this post Link to post Share on other sites
ronwagn + 6,290 December 31, 2019 It seems that soft power never really worked unless we got the short end of the stick. The Chinese, Russians, Iranians, North Koreans, Cubans etc. were always tough negotiators and we were too eager to play nice, to our own detriment.Our "allies" just let us pull more than our share of the load. 1 Quote Share this post Link to post Share on other sites
Bob D + 562 RD January 9, 2020 On 12/31/2019 at 3:26 PM, ronwagn said: Our "allies" just let us pull more than our share of the load. They always do! 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,756 RP January 9, 2020 5 minutes ago, Bob D said: On 12/31/2019 at 9:26 PM, ronwagn said: Our "allies" just let us pull more than our share of the load. They always do! Not all of them! 1 Quote Share this post Link to post Share on other sites
frankfurter + 562 ff February 23, 2020 The Russians are coming! 1 Quote Share this post Link to post Share on other sites
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