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Thread: Future of the Republican Party
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10-07-2020, 08:11 AM #109Hall Of Fame Poster
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10-07-2020, 08:31 AM #110Hall Of Fame Poster
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Re: Future of the Republican Party
To me, the most significant part of this (deal) was what the U.S. was able to achieve on intellectual property," Clete Willems, a partner at law firm Akin Gump, told CNBC's "Squawk Box" on Thursday. "Trade secrets theft has been a long-time concern for U.S. businesses, and businesses around the world."
Willems was previously the deputy director of the National Economic Council and served as the lead trade negotiator for the United States at multilateral summits like the G-7 and G-20.
He explained that the trade agreement's provisions to protect intellectual property would make a difference for many of the companies doing business in China. "They're going to have criminal penalties. They're going to have due process for the judicial proceedings. They're going to apply those penalties broader than they did in the past," Willems said, adding there are provisions about pharmaceutical patents and counterfeit goods in the trade pact.
https://www.google.com/amp/s/www.cnb...s-beijing.html
Trump is addressing issues. I know not fast enough for you, but better than previous admins
The new nafta is better than the old nafta (and I was behind getting nafta into place). It’s not no tariffs from either side, but I take improvement even though I can’t get perfection
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Re: Future of the Republican Party
The China agreement hasn't actually happened yet. They agreed on a Phase I. It only includes a pledge from China: there's no enforcement mechanism or dispute resolution.
I agreed USMCA was an improvement on NAFTA. What I criticized was the stupid and unnecessary way Trump went about getting it. It all could have happened without hurting American, Mexican, and Canadian businesses and farmers.
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