Biden continued to extend the first phase of the trade deal that Trump had with China.

Cryptocurrency live updates and crypto advertising portal. https://ciphermarketcap.com
Post Reply
limited
Posts: 202
Joined: Fri Nov 13, 2020 10:35 am

Biden continued to extend the first phase of the trade deal that Trump had with China.

Post by limited » Wed Dec 02, 2020 9:16 am

Image




Joe Biden, the US President, told the New York Times that He will not immediately cancel the first phase of the US trade deal with China. The agreement was signed between ทางเข้า slotxo the government of President Donald. Trump and the Chinese government earlier this year
Under the first phase of the trade agreement China has agreed to purchase at least $ 200 billion in purchases of goods and services from the United States from 2020-2021. The United States imposes a 25% tariff on Chinese industrial goods, worth $ 2.50 billion. China has responded by imposing tariffs on more than $ 100 billion worth of U.S. goods.


Biden said: He will not immediately cancel the first phase of the trade deal. With said The best strategy for a deal with China is to bring Chinese allies to the United States.


In addition, Biden said: He will pursue policies targeting China's malicious behavior, including intellectual property theft, illegal dumping, subsidies of private companies. And forcing the transfer of technology from US companies to Chinese companies

Post Reply