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Home / World / Markets now hoping that tariffs will not change on March 1, says JP Morgan

Markets now hoping that tariffs will not change on March 1, says JP Morgan



Within just a few months, the trade discussion focused more on US complaints about China's dealings with foreign companies, including long-standing structural economic problems and intellectual property rights.

Trump's recent agreement did not set tariffs at 2019 as initially planned if both sides adopted a resolution within 90 days on "enforced technology transfer, intellectual property protection, non-tariff barriers, cyber intrusions, and cybercrime." Theft, services and agriculture, "said the White House.

But latest media reports on the ongoing talks between the two sides in Beijing this week suggest that year-long differences will take more than a few months.

Enforcement is also an important issue for China, which has not fulfilled many of its promises nearly two decades ago when it joined the World Trade Organization.

"It is encouraging that the US seems to tend to give more time to policymakers. To reach an agreement, the US delegation seems to confirm its view that a major Chinese purchase of US goods and the US Protecting intellectual property in the US with no mechanisms without mechanisms to ensure that China delivers what it promises, "said Anderson. "China, which is understandably suspicious of being tied to a strict timeline, has resisted such demands in the past."

"This does not mean that a deal is impossible, but the big deal that the US government is still striving for is a long way to go ̵

1; smaller deals on certain aspects of the larger trading relationship rather than a deal to solve all the grievances are probably all year round, "she added. "Markets may have to accept that headlines persist."


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