These are some of the main obstacles preventing a trade
Trade negotiations between the US and China have stalled this month. The US and China have backed away from commitments they made in the draft agreement, causing both sides to raise tariffs on each other. Among the commitments they have backed away from include requests the US made when the trade war against China began last year: intellectual property rules, government subsidies and enforcement mechanisms. Trade negotiations between the US and China, the world's two largest economies, stalled this month after both countries backed out of commitments they had made in the draft agreement, causing both sides to rise.
mutually tariffs . According to Reuters , commitments that both sides have backed away from include requests the US made when the trade war against China began last year: intellectual property rules, government subsidies and enforcement mechanisms. . Read more:The 10 countries that will be most affected by the trade war SW Business Directory between the US and China Intellectual property rules Intellectual-property rules AP Photo/Andy Wong, File The US has long accused the Chinese government of facilitating the forced transfer of foreign technology , an accusation that Chinese officials havedenied . In a2017 report , the US trade representative noted that the theft of US property by China costs between $225 billion (just over €201 billion) and $600 billion(close to of 538,000 million euros) per year .
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The US accuses China of stealing technology to modernize its army, which could affect its dominance of the world Government subsidies Government subsidies AP Photo/Ng Han Guan The Chinese government has historically sought to support its technology and industrial companies through large-scale state subsidies , which is another point of friction in its negotiations with theTrade Representative Robert Lighthizer and other negotiators have attempted to work to eliminate such "market-distorting practices ," which would require China to alter a structural aspect of its economy .
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