China bought only 57 per cent of the US exports it had committed to purchase under the phase-one trade deal with the United States, according to a report by the Peterson Institute for International Economics. Photo: Bloomberg
US-China trade war: Washington urged to cut tariffs despite deal shortfall, stop issuing threats
- China is reported to have bought only 57 per cent of the additional US$200 billion worth of goods and services in 2020 and 2021 under the phase-one trade deal
- US Secretary of Commerce Gina Raimondo has vowed to hold China to the terms of the deal before moving forward
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US-China trade war
China bought only 57 per cent of the US exports it had committed to purchase under the phase-one trade deal with the United States, according to a report by the Peterson Institute for International Economics. Photo: Bloomberg
