Still the call is not torn down the thread between the USA and China, a Chinese Delegation travelled as planned to Washington. However, the stock markets, the fear of a Failure of the trade talks is on the rise.
A week ago, the world seemed to right: US Secretary of the Treasury Steven Mnuchin (in the article image to the right) spoke of significant progress in the U.S.-trade talks with China and around the world prevailed of Confidence that the two largest economic Nations of the world would find an agreement in the trade dispute.
But then a Tweet to the US President popped in to the beautiful healing world of trade and Commerce and made it clear to the world and the financial markets that the long-awaited trade agreement is still a long time in dry towels.
The Chinese negotiating partners had, apparently, so the accusation of the United States, the key passages of approximately 150 pages long document and want to re-emphasize. Trump’s response: as of Friday special duties of 25 percent instead of ten percent will apply to Chinese imports in the United States in the amount of 200 billion dollars.
No Poker game more
The threat of new punitive tariffs by Donald Trump seems to be more than pure negotiation poker, believes US policy expert Thomas hunter of the University of Cologne. Particularly since hardliners, such as the U.S. trade Robert Lighthizer (in the article image re-commissioned.) and presidential aide Peter Navarro specify in the China policy unchallenged to set the tone: “For the word Falcon is polite. The are really sharp-maker in the relations with China. You see, similar to Steve Bannon, the now audience effectively formulated – in China, the biggest challenge is countering the US ever.” Her Credo was, hunter, the USA, China must now point you in the barriers, because otherwise it could soon be too late.
Is seen as a model for the forced transfer of technology: China’s high-speed train Fuxing
Growing disappointment in the West
No wonder that now and again, the fear of a collapse of the talks in the financial markets, deal – a fear that keeps the world for falling prices. It is now at the trading agreements in order Details “and after all, what you hear, withdrew from the Chinese side, a series of Commitments,” summarizes Thomas hunter, the current Situation. “This could be the Moment in which the whole of the discussions and the agreement that you strive for, are really on the game.”
The American side, it seems especially important that binding Commitments regarding the protection of intellectual property rights and the measures to be taken against a forced transfer of technology are written in Chinese laws. China had committed itself, in principle, already in its accession to the world trade organization WTO. As the middle Kingdom was not, but then, there was disappointment for China’s economic partners in the West.
A symbol of China’s race to catch up in the high-tech sector: 5G-technology-Platzhirsch Huawei
When it comes to the crunch…
Jörg Wuttke, former President of the EU chamber of Commerce in Beijing, is still optimistic that it can come to an agreement: “If we talk about the trading of goods, be it beans Gas, or soy, I believe that we will find a scheme and then you will see the impact it is having.”
The root causes for the trade conflict Wuttke, however, is less optimistic: “unfortunately, I am very pessimistic about the impact of the technology war between America and China. Because America doesn’t want China to get the best technology, because it believes that have military implications.”
This would eventually also have consequences for the Position of the EU and Germany, underlines Wuttke: “At the end of the day, we must not forget: We are still – despite all the ‘efforts’ Donald trump – the closest allies of the Americans. And at some point will also provide for us the loyalty question: Are we for China, or we are for America? And the answer is clear!”