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The US and China agreed to a temporary ceasefire in escalating their retaliatory tariffs, a day later they make this announcement. Seems a bit too timely to be
by istorical 8y ago
The US and China agreed to a temporary ceasefire in escalating their retaliatory tariffs, a day later they make this announcement.
Seems a bit too timely to be a coincidence, no?
- sonnyblarney 8y agoIt's absolutely not a coincidence as IP theft is a primary demand of the US side at this time. The other being the overall imbalance. Ironically, the bigger one is not arbitrary theft of IP, it's the requirement of many actors to willingly give up their IP when going into China and the de-facto closed market given all of the challenges foreign entities have to face. Some arbitrary IP theft of XMen films and fashion labels could be tolerable, as could a permanent trade imbalance as America still wins huge surpluses even in an imbalanced exchange.