Thanks! Wow, that seems like a whole lot more than what some people were saying was in the phase one agreement. Do you have any of the details? I am genuinely shocked China would agree to most of that.
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Apple Avoids iPhone Tariffs as U.S. and China Reach Trade Deal
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Most of those are "commitments" rather than anything enshrined in law. In other words, a best try by both sides. The agreement is only 80 pages compared to 1,800 pages for NAFTA 2.0.
Prices Will Dictate China Agriculture Buying, U.S. Adviser Says
(Bloomberg) -- Chinese buying of American farm products will be determined by how competitive they are and not just by estimates laid out in an initial trade accord, according to a U.S. trade adviser.While the Asian nation has pledged to buy $80 billion in U.S. agricultural products in the next...
finance.yahoo.com
China cannot feed or power itself so I can see why they would ‘agree’ to buy more food. Food and Livestock prices in China are inflating quickly. It would only have been a matter of time until they had to negotiate.Most of those are "commitments" rather than anything enshrined in law. In other words, a best try by both sides. The agreement is only 80 pages compared to 1,800 pages for NAFTA 2.0.
Prices Will Dictate China Agriculture Buying, U.S. Adviser Says
(Bloomberg) -- Chinese buying of American farm products will be determined by how competitive they are and not just by estimates laid out in an initial trade accord, according to a U.S. trade adviser.While the Asian nation has pledged to buy $80 billion in U.S. agricultural products in the next...
I am still unable to find more agreement details. If enforceable in any way, these changes will completely alter China’s market. Seems more likely they will not keep their end of the deal and are buying time. Double digit food cost inflation is not sustainable. Though it would be great to see this deal work, I am very doubtful it will ever take hold. Smart money (in my opinion) is still diversifying/moving supply chain out of China.
Attachments
Theft occurs all around the world. Look at the number of local thefts that take place here in the US. We got Tesla and Rivian here..Don’t forget the theft and attempted theft of Apple and Tesla’s source code, among many other IP thefts from China.
Also remember the employee that Apple caught trying to steal its source code and fly back to China?
So not only did he try to steal Apples self driving secrets, but also missile defense system secrets. Here’s a picture that missile system:
China is not our friend.
Tesla Sues Rivian Over Alleged Trade Secrets Theft, Employee Poaching
Tesla says that Rivian has hired at least 178 of its former employees, including 22 in the last four months.
www.thedrive.com
Theft occurs all around the world. Look at the number of local thefts that take place here in the US. We got Tesla and Rivian here..
Tesla Sues Rivian Over Alleged Trade Secrets Theft, Employee Poaching
Tesla says that Rivian has hired at least 178 of its former employees, including 22 in the last four months.
are you intentionally downplaying the fact we are basically at Cold War with China?
