Source: Taiwan Economic Daily

As the Specials will appear on the 29th, all circles are not expected to reach the United States and China to reach a breakthrough agreement, but Bloomberg economists have pointed out that there are still some areas of intersection and expected agreement to reach an agreement.For example, China expands the open market and strengthens the protection of smart property rights, but everything depends on whether the attitude of US President Trump is biased towards a trade eagle or a free trade camp.

Bloomberg Chief Economist Ole Eagle believes that the possible space for reaching an agreement between the United States and China is very large. Both parties have common interests in improving market access, strengthening the protection of smart property rights and canceling existing taxes.

But whether the two sides can enter this field of intersection depends on Trump's final position.If Trump can appropriately call on China to establish a more balanced relationship, it will help reach an agreement, but if he extremely requests China to end the national -centric model, it will not help the agreement.

At this time, Trump's opinion is very important. The most influential is the US trade representative Leitchizawa and other supporters.These people believe that China has been on a free trade vehicle, and it is not enough to solve the problem by tariffs and other protectionist measures, but it can be used to force China to change its economic model.People such as Treasury Secretary Mnuchin and other free trade camps pay attention to the common interests of free trade, as well as possible costs that US companies and markets may suffer.

Both Trump and these two camps have consensus in different aspects. If Trump can get a balance point between the trade eagle and free trade camps, it is expected to reach an agreement, but if he is biased towards the Eagle camp, the agreement may be possible.Breaking.

However, there are still three hidden concerns to reach the United States and China.First, the expectations of the Federal Federation will continue to rise, reducing the possibility of market collapse, and also allowed Trump to continue to impose tariffs; secondly, the 2020 presidential election of the United States is coming, and it has always been the U.S. election for China.The pleasure strategy; the third is that the mutual trust between the two parties has collapsed. White House Trade Consultant said that Sino -US trade negotiations are developing in the correct direction

Navarro, director of the National Trade Commission, said on Tuesday that trade consultations with China are developing in the right direction. In the context of a larger trade agreement, any concession made by the United States on the issue of Huawei is insignificant.of.

According to Reuters, we are developing in a very good direction. In an interview with CNBC, Navarro said that as the president said, the situation is complicated. To be precise, it takes time, and we want to do it well.So let's do the right thing.

Trump agreed to restart trade negotiations during the Saturday of Trump and China on Saturday in Japan on Saturday.The last round of negotiations between the two countries broke in May.

Some restrictions on Huawei are a key part of the agreement, and the agreement allows the expansion of the scope of the US telecommunications giant to sell technology supply to the Chinese telecommunications giant.In May this year, the United States included Huawei on the blacklist of exports on the grounds of national security concerns for its 5G network technology.

Navarro faded the concession to Huawei, saying that the United States' policy on 5G equipment has not changed.

What we do is basically allowing chips to Huawei. These are products with low technology content and will not affect national security. Navarro said.

In the short term, it sells chips to Huawei, a small amount of chip mdash; mdash; less than $ 1 billion MDASH; mdash; from a global perspective, it is insignificant.