U.S.-China Trade Negotiations: What We Know So Far

Jun.18 -- Edward Goldberg, group president at Annisa and assistant professor at NYU Center for Global Affairs, discusses the U.S.-China trade negotiations and where he thinks they’re heading. He speaks on “Bloomberg Daybreak: Asia.”

[jxma]

What a joke when the speaker thinks Hong Kong is a major problem compared to ongoing trade war.

[jingbellgoodu]

From the US side: we buy made-in-China products and make China rich, so that they can use our money to lend us and also invest in the rest of the world, and becomes so aggressive...
From the Chinese side: our massive workers can only earn pennies from producing products for US, and the money we earned is only the useless paper backed by nothing, because of the amount of money pumped by US, the inflation has been forced to go up increasingly not only in China, but also all of the rest of the developing countries. We have no other choice but to lend the money to the US, and US can then use this low rate loan to invest globally and boost its economy..., they simply can sleep and just print the dollar to slave the world and also can keep the inflation very low within US...

[limml]

China is not just a competitor of US, it is also a supplier that keep the cost of living stable in US; it is also a huge market for US products and service; and also an important buyers of US bond that help finance the US government. US must realize that the biggest and most important of it's export is USD. If the rest of the world is not allow to sell goods or services to US freely in order to earn USD, who will need USD then? If the world don' need USD anymore, what will happen to US?

[lixwh]

Senator Rubio just promoted full denial of Huawei's IP in US. Tell me your spirit of honoring human intelligence.

[MrBlinder]

At Chinese side we have given up guessing or speculation... doesn't matter what the US wants, Chinese are determined to move forward.

[turinisaudiarabia]

this guy along with trump are completely out of their minds, it is so obvious that yankees want to prosper at the expense of others

[jiguo]

Trump demands no one coughs at the negotiations or the talk stops. MAGA

[Jimmywumsn]

Edward point out the real issue, it is not about trade or IP theft or anythings else, it never was. It is about the FIGHT FOR POWER. US felt threathen by China, whether China has the intention to replace US and become the super power is not important. What is important is China now has the strengh to replace US or at least be the super power in somepart of the world.

[pgtan]

China was never a real competitor. Chinese imports were mainly non-strategic, n v basicin general.Now, w Huawei no longer buying chips at all, imports will be much more basic than before. Does DJT understand all this ? And all those 'forced intellectual property transfers' from joint US equity partners weremeant originally to help the various ventures succeed in their exports . Net result US now v unhappy becos imports has risen by leaps n bounds until deficits look v glaring. So, is itthe fault of the Chinese or is it just the insatiable appetite of US consumers for cheap nessential goods?  Don't forget US economy depends v much on consumers for growth !

[NangongReng]

Ya, u say that Japan stole ur things in the 1980's. Just say u can't compete. Steal your IP? How?They signed agreements, meaning it is agreeable on both sides.

[TechMagnet]

Just found this channel, pretty amazing!

[ipfreak]

partial problem for ast round of talks broke down was different negotiation styles. for the chinese, especially negotiation in foreign languages, they would let another party spit out all of beans, then take the requests all together, do a thorough research on what the china have on hands and go through thorough internal discussions. i guess that, form american side, they might view it is the sign that the chinese had already agreed when they saw the chinese noted down everything american side requested and listed them into the documents. no, on the contrary, china side merely collect information, nothing more than that. nothing agreed until everything agreed.

[J]

Although you are an old man, but you mind is not clear.

[chfgbp]

Companies sue each others all the time on IP infringement and theft. How many of those thousands of cases each year in the last 3 decades habe involved Chinese companies? Anyone knows? My Impression IS that it is nothing remarkable. People chant theft but dont sue. I wonder why

[fictionscience]

So to sum up, US asked China to abandon socialism and China refused, that's why they broke up?

[cifsman]

He is correct that US have made China an adversary, but public and investor doesn't want to hear it and reporter trying to twist it. but he so wrong HK are treat.

[astroayumi]

Why should pres.xi meet with an unpredictable lame duck president ?

[TheKkpop]

Will Dump raise tariffs to 20 countries in G20 meeting, blaming them earning too much when trade deficits deteriorating since trade war.?

[akltom]

you don not need to know anything, everything will be 'normal' again. trump is no credit at all😉

[WECantThink]

China does engage fairly. So what should the US do?