The trade war between US and China is neither beneficial for both countries as this powerful economic development countries are at loggerheads to win which has much influenced to the world economy situations .At the end of the scenario , we expect Trump to tame down and for further consultations to respect decisions not based on his personal accord , but the overall economic situation that neither both countries would come to terms to a new approach that not just a win win solutions to curb abhorrent tariff charges.
Finally, Trump comes to his senses. His relatives and his cronies must have bought enough stocks at low prics in the last one month. Both will shake hands and hug each other.China will buy more oils,soya beans,beef and Boeing while Trump will stop banning Huawei.
Japan then, ... The Reagan administration regarded Japan as the biggest economic threat to the US. Washington accused Tokyo of state-sponsored industrial policies, intellectual property theft from US companies, and of dumping products on the American market.
The Plaza Accord was forced on Japan. Besides pushing up JPY agst USD which made Japanese products expensive in US, It also forced Japan to sign deals to share its semiconductor technologies and increase its purchases of US semiconductor products.
Trump is using the same tactic as Reagan. With gap between US n China too wide to bridge, I do not think anything concrete will come of the meeting.
Published on Jun 19, 2019 A U.S. senator has filed a legislative amendment that would prevent Huawei from seeking damages in American patent courts. It came after the Chinese tech giant demanded U.S. telecom giant Verizon pay licensing fees for its patented technology.
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Posted by michaelwong > 2019-06-18 22:44 | Report Abuse
The trade war between US and China is neither beneficial for both countries as this powerful economic development countries are at loggerheads to win which has much influenced to the world economy situations .At the end of the scenario , we expect Trump to tame down and for further consultations to respect decisions not based on his personal accord , but the overall economic situation that neither both countries would come to terms to a new approach that not just a win win solutions to curb abhorrent tariff charges.