August 9, 2020

Despite agreement, China purchase of US agriculture lags

New York (AFP) – Seven months after the United States and China signed a preliminary agreement to temper their trade war, Beijing’s purchases of US agricultural goods have yet to reach the deal’s target.As President Donald Trump readies for a tough reelection battle in November, US media reported the two sides are set to meet beginning August 15 to discuss the deal, which calls for China to sharply increase buying American goods and services this year and next.But according to data compiled by the Peterson Institute for International Economics (PIIE), Chinese agricultural purchases at the end …


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