Trump Trade Deal Faces Enforcement Issue

The video discusses the US-China phase one trade deal, highlighting US concerns about enforcement and China's commitments on intellectual property and currency manipulation. The Trump administration's strategy includes tariffs and special offices for deal oversight. Analysts express skepticism about future negotiations, citing China's emboldened stance due to US political dynamics. China claims progress in economic reforms, such as banning forced technology transfers and opening its financial sector. Despite the deal, US-China relations remain strained, with increased levies and investment challenges.

What is the main concern for the US regarding trade deals with China?

• Tourism agreements

• China's military expansion

• Enforcement of commitments

• Cultural exchanges

What mechanism has the Trump administration proposed to ensure compliance with the trade deal?

• Military enforcement

• Public opinion polls

• Independent international panels

• Special offices in each country

What reform did China implement on January 1st as part of its commitments?

• Banning administrative agencies from forcing technology transfers

• Increasing tariffs on US goods

• Restricting oil and gas exploration

• Closing its financial industry to foreign banks

How has the US-China relationship been fundamentally altered after the trade deal?

• More challenging tech collaborations between US and Chinese companies

• Lower tariffs on Chinese imports

• Easier investment opportunities for Chinese companies in the US

• Increased cultural exchanges

What is the average levy on Chinese imports into the USA after the trade deal?

• 10.5%

• 3.2%

• 19.3%

• 25.7%