Effects of the Trade War and the New World Trade Order Oscar Ugarteche and Armando Negrete

Through the “Economic and Commercial Agreement” the US seeks that China “end its practice of pressuring foreign companies in transfering their technology”; that it “remove trade and investment barriers for US financial service providers”; that it “not use monetary practices to compete unfairly with US exporters”; and most importantly, that it “import US goods and services over the next two years in an amount of no less than $200 billion”. With this agreement and the new North American Free Trade Agreement, the United States advances in the construction of a new international commercial order on the law of the strongest.

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* Oscar Ugarteche is a Senior Researcher, IIEc-UNAM, SNI Conacyt, coordinator of obela.org

** Armando Negrete is an Academic Technician, IIEc-UNAM, member of obela.org