Trump already has won the trade war with China

[m.knox]

Interesting take.

https://thehill.com/opinion/finance/458846-trump-already-has-won-the-trade-war-with-china

At this point, the U.S. has won numerous Chinese commitments in the trade negotiations:

• Cutting the U.S. trade deficit through China’s purchase of large quantities of U.S. energy and agricultural products;

• Strengthening intellectual property rights protection and enforcement to prevent forced transfer of U.S. technologies and know-how;

• Ending government subsidies and support to Chinese industries targeted by the Made in China 2025 plan;

• Ensuring fair, effective and non-discriminatory market access and treatment for U.S. investors and companies;
• Reducing Chinese tariffs and non-tariff barriers applied to U.S. products and services; and

• Establishing an effective enforcement mechanism to facilitate compliance and handle future trade disputes.

I can't wait until it is done so the left can tell us how bad it is........

 

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