August 14, 2020

US, China to discuss trade deal amid COVID-19 disruption

Washington (AFP) – Negotiators from the United States and China will on Saturday discuss the “phase one” trade deal signed earlier this year — before the coronavirus slammed the world economy and relations between the two economic powers took a turn for the worse.Washington and Beijing’s January deal represented a partial truce in their months-long trade war, and obligated Beijing to import an additional $200 billion in American products over two years, ranging from cars to machinery to oil to farm products.But purchases of those goods have been lagging, while US President Donald Trump has st…

source https://this.kiji.is/en/666827324624045153?c=648607265489716321

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