Aspect

United States

China

Tariffs

Implemented tariffs on Chinese imports, targeting various sectors including technology, machinery, and consumer goods.

Retaliatory tariffs on US goods, focusing on agricultural products, automobiles, and chemicals.

Trade Deficit

Concerns over the trade deficit with China, aiming to reduce it through trade negotiations and policy measures.

Facing criticism over trade surplus with the US, China aims to address concerns through increased imports and market access.

Intellectual Property

Emphasizes protection of intellectual property rights and addressing concerns over forced technology transfer and intellectual property theft.

Commits to improving intellectual property rights protection, enacting new laws, and enhancing enforcement mechanisms.

Market Access

Pushes for increased market access in China for American companies, advocating for reduced trade barriers and regulations.

Gradually opening up sectors to foreign investment, with efforts to ease restrictions and improve market access for foreign firms.

Technology

Transfer

Seeks to prevent forced technology transfer and ensure fair competition, addressing concerns over Chinese practices such as joint ventures and technology licensing.

Promotes technology self-reliance and indigenous innovation, while enhancing cooperation with foreign partners in research and development.

Trade Negotiations

Engages in bilateral trade negotiations with China to address longstanding issues and achieve a comprehensive trade agreement.

Participates in trade talks with the US, aiming to find mutually beneficial solutions and maintain stable economic relations.