[20200117]IN11208_美国与中国签署第一阶段贸易协议.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i U.S. Signs Phase One Trade Deal with China Karen M. Sutter Specialist in Asian Trade and Finance Updated January 17, 2020 President Trump on January 15, 2020, signed a phase one trade agreement with the Chinese government that is intended to resolve some of the trade and investment issues the Administration raised in March 2018, pursuant to Section 301 of the U.S. Trade Act of 1974. Including appendices, the agreement is 96 pages and covers some aspects of intellectual property (IP) (Chapter 1), technology transfer (Chapter 2), agriculture (Chapter 3), financial services (Chapter 4), macroeconomic policies and exchange rates (Chapter 5), trade purchases (Chapter 6), and dispute resolution (Chapter 7). Approximately one-fourth of the agreement addresses IP commitments. Discussion of technology transfer is confined to two pages. Some Members assess the deal to be a first step in a longer effort to address U.S. trade concerns with China. Many observers call it a short-term truce, noting it falls short of the Administrations goal of a comprehensive settlement. The most significant potential gains for the Unit