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China-U.s. Trade Agreement 2020

The China-U.S. trade agreement of 2020 is an important development in the ongoing trade tensions between the world`s two largest economies. The agreement, signed on January 15, 2020, contains provisions that address many of the issues that have been at the center of the dispute, including intellectual property theft, currency manipulation, and forced technology transfers. In this article, we will take a closer look at the key aspects of the agreement and what it means for businesses and consumers.

Intellectual Property Theft

One of the biggest issues in the trade dispute has been China`s alleged theft of U.S. intellectual property. The agreement contains provisions that are designed to address this issue by requiring China to take measures to prevent the theft of intellectual property. This includes stronger measures to protect trade secrets, patents, and trademarks. Additionally, the agreement establishes a mechanism for the resolution of disputes related to intellectual property.

Currency Manipulation

Another key issue that the agreement addresses is currency manipulation. The U.S. has accused China of keeping its currency artificially low in order to give its exporters an unfair advantage. The agreement establishes a framework for monitoring currency practices and requires China to disclose information about its currency policies. While this provision has been criticized by some as not going far enough, it does represent a step forward in addressing this issue.

Forced Technology Transfers

Many U.S. businesses have complained that in order to do business in China, they are required to transfer their technology to Chinese companies. This has been seen as a violation of intellectual property rights and a threat to U.S. competitiveness. The agreement addresses this issue by requiring China to prohibit such forced technology transfers and to establish a mechanism for resolving disputes related to technology transfer.

Market Access

The agreement also contains provisions related to market access, which has been a contentious issue in the trade dispute. China has agreed to increase its purchases of U.S. goods and services by $200 billion over the next two years, which will help to reduce the U.S. trade deficit with China. Additionally, China has committed to removing barriers to U.S. exports of agricultural products, energy, and other goods and services.


The China-U.S. trade agreement of 2020 represents an important step forward in addressing the issues that have been at the center of the trade dispute between the two countries. While some of the provisions have been criticized as not going far enough, the agreement does contain important measures that will help to protect U.S. intellectual property, prevent currency manipulation, and promote fair trade. For businesses and consumers, this agreement should provide greater certainty and stability in the trading relationship between the two countries.