Source: United News Network/Economic Daily

The US -China trade war that has been struggling for nearly two years has finally reached the first phase of the agreement, and it is expected to be officially signed in January next year.Originally, the United States was about to impose more than 160 billion U.S. dollars such as mobile phones, laptops and game consoles, and levied 15%of additional tariffs, and it will not be implemented first.

In the 1980s, the United States had followed bilateral channels to require Japan to improve the issue of US -Japan trade imbalances.This time, the United States is also the same. It takes a similar model to deal with the rise of the rise, but it is broader and deeper in terms of scope and influence.

In the future, the US -China Trade Agreement will no longer be levied on additional tariffs, but only the reduction of the existing part is not completely canceled. In the future, if the future of the US -China follow -up trade negotiation breaks, the United States may still reply to the original tax.

Restricting technology transfer is a major feature of the US -China trade agreement, and it is also the first time that mainland China has included restricted technology transfer in foreign trade agreements.The United States has been deeply disgusted on mainland China ’s market opening up, forcing foreign -funded enterprises to transfer technology or release of equity, so it is stipulated that mainland China must eliminate the market for marketing technology.In addition, the Chinese government is also prohibited from using various measures to assist its overseas investment companies to obtain foreign technology, causing unfair competition.

Trade expansion is another focus of the US -China trade agreement. Mainland China promises to increase the import of US commodities and services at least $ 200 billion in US dollars in the next two years.The main means of increasing the purchase of China's exports to the United States are not as the main means to reduce China to reduce the trade deficit of the United States in mainland China.In particular, such voluntary import expansion measures have obviously violated the World Trade Organization (WTO) specifications.In addition, as we all know, the United States has made a solution to the Ge Ge WTO dispute settlement, which has almost paralyzed it. However, a bilateral dispute resolution mechanism is designed in the US -China trade agreement, reflecting the United States' distrust of WTO, and directly skipped the WTO to restrict China.

Mainland China also promised to strengthen the protection of smart property rights in commercial secrets, trademarks, geographical labels, and drugs; in addition, it is necessary to eliminate agricultural non -tariff trade obstacles to increase US export opportunities.At the same time, mainland China must remove financial market obstacles to ensure the opportunities for fair competition in American companies.China's foreign exchange market is also required to be more transparent, not deliberately depreciating and manipulating exchange rates.

The US -China Trade Agreement highlights the way that the United States has replaced multi -sides to solve economic and trade problems by bilateral sides; and, with the current US -Japan Trade Agreement and the US -Mexico -Canada Trade Agreement, they all adopt a gradual and dynamic adjustment method to show the US operation trade trade.The meticulous side.

Looking at the US -China trade agreement, although the United States has reduced additional tariffs, there are still variables in the future, so processed enterprises in mainland China will continue to move out.The United States requires mainland China to cancel domestic improper trade and industrial policies and conduct structural reforms to provide opportunities for fair competition in American companies.If it can be implemented in the future, it will help enterprises to develop the mainland market.

For Taiwan, although processing Taiwanese companies in mainland China have adjusted production scale, some have even moved out, and the role of the world factory in mainland China.However, in the future, the domestic demand market has become the main force to support the economy of mainland China, and the function of the world market has not weakened.Mainland China has slowed economic growth this year, but under China's continuous expansion of finance and loose monetary policy, the domestic demand market will still maintain a certain consumption capacity. Mainland China is still the main investment base in various countries.Therefore, although the domestic Taiwanese businessmen -oriented mainland businessmen, although the U.S. -China Trade Agreement will have a fair competition environment in the future, there may be a relatively fair competitive environment in mainland China, but on the other hand, it is also necessary to face an intensified market competition.

The successful reaching an agreement by the United States and China is considered a major achievement of US President Trump, and has a bonus effect on seeking re -election.Trump also claims that before the presidential election next November, the next stage of the US -China trade agreement will be completed to thoroughly solve the economic and trade issues of the United States and China.In addition to hoping to bring the American people's strong support for mainland China, Trump projects its support to its personal support, in order to increase its probability of reelection, and it can also declare to the world that the WTO can not balance China.Unexpectedly, Trump did it!