What’s at Stake in China Trade Talks for U.S. Companies?

China Trade Talks
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China Trade Talks
What’s at Stake in China Trade Talks for U.S. Companies?
U.S. trade policy toward China has been a hot topic in recent months. Discuss how tariffs work and what they mean for companies, workers, and consumers. How do you feel about the way the United States is approaching trade negotiations with China? Will the United States succeed in getting what it wants from China? Explain.
Tariffs are used by different countries to restrict imports by raising the goods’ price to make them less appealing to the consumers. The United States is trying to have a level playing field which will enable the American companies to easily operate in China. The country is also aiming at being able to access more market for the U.S businesses. The U.S has threatened to impose more tariffs on about thirteen thousand products from China by 25% such as chemicals, machine tools, and medical equipment (Pak, 2018). The two countries have been threatening to add tariffs on various goods. The United States is not likely to get what it wants since China is an economic giant and has nothing to lose if they feel what the U.S wants cannot be granted.
Discuss the situation with Chinese telecom ZTE. What prompted the sanctions againstthe company? Why has Trump moved to assist ZTE? Do you agree with his actions?What is at stake for the United States?
The U.S placed a ban on ZTE Corporation and they restricted companies from the …