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贸易战第一回合,中国是底裤都输掉了 update: Tariffs stay Put, hinge on

Trade war: China to make huge purchases of US goods as details of phase one deal revealed[size=1.357142857142857]

  • Sources confirm that China has committed to making large scale purchases of US$200 billion of American goods as part of the phase one trade deal
  • Purchase target for manufactured goods of around US$75 billion, with China also committing to buy huge amounts of energy, agriculture and services

Finbarr Bermingham, Ben White, Doug Palmer

Published: 8:37am, 14 Jan, 2020



This story is part of an ongoing series on US-China relations, jointly produced by the South China Morning Post and POLITICO, with reporting from Asia and the United States.


The trade deal to be signed this week will include pledges by China to buy US$200 billion of US goods over two years in four industries, a Trump administration official and two other sources briefed on the matter said.


The target for manufactured goods purchases will be the largest, worth around US$75 billion. [size=1.142857142857143]China will also promise to buy
US$50 billion worth of energy, US$40 billion in agriculture and US$35 billion to US$40 billion in services, the three people said.

On Monday night, meanwhile, the United States removed China from a [size=1.142857142857143]list of currency manipulators
, a sign that the relationship between the world’s two largest economies was thawing slightly in the lead up to the signing of the phase


“In this context, Treasury has determined that China should no longer be designated as a currency manipulator at this time,” the US Treasury Department said.

Upon the announcement of the phase one deal in December,
China also secured some tariff relief, with Washington cancelling tariffs that were due to come into force on December 15, and halving a 15 per cent tariff on US$120 billion worth of Chinese goods. However, 25 per cent tariffs on US$250 billion worth of Chinese goods remain in place.


Analysts have speculated for weeks about the purchases China could make in these sectors.


“Energy products are specifically mentioned in the section on ‘Expanding Trade’ in the fact sheet produced by the [Office of the United States Trade Representative] on December 13, 2019,” said Moody’s Analytics chief Asia-Pacific economist Steve Cochrane. “So it seems like a good possibility to be included in the details of the phase one agreement to be signed on Wednesday.”


US exports of crude oil and related products have fallen considerably since the trade war started, he added. During the four months of July-October 2019, the latest data available from the US Energy Information Agency, exports averaged about 7.2 million barrels per month, or about half the volume during the same period of 2017.



Questions remain about whether China can double its agricultural
purchases from about US$20 billion in 2016, before the trade war began, to US$40 billion, as the Trump administration is touting.


But Rosa Wang, Shanghai-based analyst at agricultural data provider JCI China, said that she was “quite confident” that China could meet the targets. She suggested that most of the expenditure would be on soybeans, followed by smaller purchases of nuts and fruits, pork, poultry, corn, sorghum and ethanol by-products.



US and China reach ‘phase-one’ trade deal



The deal will bolster intellectual property protection, and also has chapters on forced technology transfer, currency, and market access to key sectors in the Chinese economy, including financial services


It will contain an enforcement provision, through which the US will be unilaterally be able to reimpose tariffs should China not hold to its commitments, including the purchase agreements.


White House trade adviser Peter Navarro said in an interview with US broadcaster NPR on Monday that the enforcement mechanism permits US trade representative Robert Lighthizer to reimpose tariffs within a 90-day period.


If [Lighthizer] thinks that hasn’t been addressed properly, we have [the right to impose a] proportionate response and the Chinese have promised not to retaliatePeter Navarro

“And if he thinks that hasn't been addressed properly, we have [the right to impose a] proportionate response and the Chinese have promised not to retaliate,” said Navarro.


Finbarr Bermingham reports for the South China Morning Post from Hong Kong and Ben White and Doug Palmer report for Politico from New York and Washington, respectively.

最后编辑Puma2019 最后编辑于 2020-01-14 14:31:00
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2#

回复 1楼Puma2019的帖子

原来谣言都是真的,原来川普在这个问题上从来没有大嘴巴
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3#

花钱消灾吧。

---发自Huaren 官方 iOS APP

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4#

新闻联播上没有说,应该是谣言
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5#

这就底裤了,那中国的底裤也太小了,LOL
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6#

据说中文版的还~~~没敲定呢……怎么和国内鹰派交待呢?感觉刘中堂回去没好果子吃……
百代秦政治,千年盐碱地
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7#

中间被人白白盖了个货币操纵国的戳子,拿掉的时候还觉得赢了。
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8#

中国必须都是赢
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9#

新闻联播上没有说,应该是谣言
coolcream 发表于 1/14/2020 11:31:52 AM 贸易战第一回合,中国是底裤都输掉了 update: Tariffs stay Put, hinge on-9楼

真逗!
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10#

700亿会买些什么美国制造,波音?
…………………………
(政)语数外物化史地生
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