WATCH: U.S. officials called for ‘concrete action’ from China to make good on its commitment to purchase $200 billion in additional U.S. goods and services in 2020 and 2021 under the trade deal signed by former President Donald Trump
WASHINGTON, Feb 7 - U.S. officials called on Monday for "concrete action" from China to make good on its commitment to purchase $200 billion in additional U.S. goods and services in 2020 and 2021 under the "Phase 1" trade deal signed by former President Donald Trump.
The comments come a day before the U.S. government is due to release full-year trade data that analysts expect to show a significant shortfall in China's pledge to increase purchases of U.S. farm and manufactured goods, energy and services.compiled by Peterson Institute for International Economics senior fellow Chad Bown.
"Because we inherited this deal, we engaged the on its purchase commitment shortfalls, both to fight for U.S. farmers, ranchers and manufacturers and give China the opportunity to follow through on its commitments. But our patience is wearing thin," said one of the officials. Regardless of how the negotiations wind up, U.S. officials said they would continue to target the core problems of China's state-led economy, while working to boost U.S. competitiveness by diversifying markets and working with allies and partners.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
TVA approves $200 million reactor development spendThe Tennessee Valley Authority board of directors voted 5-0 today to spend up to $200 million to prepare for the potential construction of a nuclear-powered small modular reactor designed by GE Hitachi.
Weiterlesen »
Crypto Exchange Binance to Invest $200 Million in ForbesCryptocurrency exchange operator Binance is making a $200 million investment in the publisher of Forbes magazine, an unusual tie-up between a digital-currency firm and a traditional media outfit
Weiterlesen »
Forbes Announces $200 Million Strategic Investment From BinanceForbes announces strategic investment from Binance
Weiterlesen »
Crypto exchange Binance to invest $200 million in ForbesCryptocurrency exchange operator Binance Holdings Ltd. is making a $200 million investment in the publisher of Forbes magazine, an unusual tie-up between a digital-currency firm and a traditional media outfit, the companies said Thursday.
Weiterlesen »
US-China trade: Phase One deal under scrutiny – UOBUOB Group’s Economist Ho Woei Chen, CFA, comments on the US-China Phase One Trade deal. Key Takeaways “We estimate that China has met around 61% of th
Weiterlesen »
U.S. vows stepped-up Indo-Pacific effort in push back against ChinaThe United States vowed on Friday to commit more diplomatic and security resources to the Indo-Pacific to push back against what its sees as China's bid to create a regional sphere of influence and become the world's most influential power.
Weiterlesen »