Home About

TL;DR CNBC


US-China trade deal seeks to combat sale of counterfeit goods - TL;DR CNBC

US-China trade deal seeks to combat sale of counterfeit goods

Publishing timestamp: 2020-01-15 18:04:05


Summary

The new trade agreement between the U.S. and China includes provisions to combat the sale of counterfeit goods on e-commerce platforms like Amazon. This comes as Amazon faces criticism for failing to crackdown on counterfeit products. China has agreed to consider revoking operating licenses of e-commerce platforms that repeatedly sell counterfeit goods, while the U.S. is studying additional measures to combat this issue.


Sentiment: NEGATIVE

Tickers: BABA,  EBAY,  AMZN, 

Keywords: technology,  ebay inc,  amazon.com inc,  internet,  alibaba group holding ltd,  business news, 

Source: https://www.cnbc.com/2020/01/15/china-trade-agreement-seeks-to-combat-sale-of-counterfeit-goods.html


Developed by Leo Phan