Comments by "Valen Ron" (@valenrn8657) on "🇺🇸 🇨🇳 US-China trade war heats up with tariffs | Al Jazeera English" video.

  1. tick tommy http://ec.europa.eu/trade/policy/countries-and-regions/countries/china/ When China joined the WTO in 2001 it agreed to reform and liberalise important parts of its economy. While China has made progress, some problems remain: a lack of transparency industrial policies and non-tariff measures that discriminate against foreign companies strong government intervention in the economy, resulting in a dominant position of state-owned firms, unequal access to subsidies and cheap financing poor protection and enforcement of intellectual property rights In 2016 the EU adopted a new strategy on China mapping out the European Union's relationship with China for the next five years. The Strategy promotes reciprocity, a level playing field and fair competition across all areas of co-operation. The strategy also includes a trade agenda with a strong focus on improving market access opportunities – including negotiations on a Comprehensive Agreement on Investment. It also deals with overcapacity and calling on China to engage with ambition at multilateral level. https://www.reuters.com/article/us-eu-steel-china/eu-raises-import-duties-on-chinese-steel-angering-beijing-idUSKBN1780VU EU already raises import duties on Chinese steel in 2017. You're a hypocrite to single out USA when other countries engages in their own "Made In XYZ country" programs.
    2
  2. manu ochenta, 1. China's development was aided by Taiwan which is the back door for western technology out sourcing which transferred from Taiwan into China. Taiwan has zero concern for US security interest i.e. blood is thicker than water. https://en.wikipedia.org/wiki/Blood_is_thicker_than_water Taiwan has placed China at higher priority over other developing countries. 2. China played rare earth dumping game i.e. it sent non-Chinese competitors to the wall and if a foreign company want to use Chinese rare earth, China puts pressure on the foreign company to partner with local Chinese company which lead to IP transfer. 3, http://nationalinterest.org/blog/the-buzz/scary-statistic-chinas-debt-gdp-ratio-reached-257-percent-22824 According to the Bank for International Settlements, China’s debt to GDP ratio reached 257 per cent in 2017, higher than the United States’ 152 per cent China has copied US debt addiction.
    2
  3. tick tommy, That's bullshit on your "US practising double standard" on trade argument. China has executed higher trade tariffs on US built cars imports into China before Trump's retaliation. The difference between US and EU is that the EU was smarter and placed high import tax on Chinese steel before the US. https://ec.europa.eu/info/law/better-regulation/initiatives/ares-2016-5989582_en EU has quotas on imported textiles.
    2
  4. Heather Larson https://www.reuters.com/article/us-eu-steel-china/eu-raises-import-duties-on-chinese-steel-angering-beijing-idUSKBN1780VU EU already raises import duties on Chinese steel in 2017. Trump is copying EU.
    1
  5. https://twitter.com/elonmusk/status/971811614411276288 From Musk's March 8th, 2018, China already has 25 percent import duty on US made cars. China has higher trade tariffs on US built cars. https://www.nytimes.com/2017/03/20/business/economy/china-us-trade-tariffs.html
    1
  6. James Yang The total combined gross domestic product of the CPTPP would be $13.5 trillion or 13.4 percent of global GDP.
    1
  7. Heather Larson International Monetary Fund (Estimates 2017) GDP EU, has $17.1 T China has $11.9 T
    1