3 ms·

China has backtracked on nearly all aspects of the US draft trade agreement

• NotPaidToPost 8y ago
  > "Lighthizer has pushed hard for an enforcement regime more like those used for punitive economic sanctions – such as those imposed on North Korea or Iran – than a typical trade deal." Anything that looks like the good old days "foreign aggression" are sure to be well-received by China... Not. Are the US genuinely looking for a deal? Or do habits die hard?
  • tssva 8y ago
    Given China's long history of violating trade agreements a requirement for verification is not unreasonable.
    • NotPaidToPost 8y ago
      Long history? For political and historical reasons I don't see China agreeing to be under 'inspections' from a foreign country, and rightly so.
• ggm 8y ago
  It would be unsurprising to find the US trade deal was asymmetric. The TPP was massively asymmetric favouring the US and a better deal without the US