US launches investigation into China's compliance with 2020 trade deal
The U.S. alleges China met only 58% of its purchase commitments under the 2020 trade deal, risking new tariffs ahead of a key summit between Presidents Trump and Xi.
- U.S. officials have launched an investigation into China's compliance with the 2020 trade pact that President Donald Trump called 'an incredible breakthrough.'
- Cutler stated it is 'no secret that China did not live up to its obligations under the Phase One agreement, most notably its commitments to buy more U.S. goods.'
- The investigation is conducted under Section 301 of the Trade Act of 1974 to address unfair trading practices.
- A public hearing has been scheduled by the Office of the U.S. Trade Representative for December 16.
119 Articles
119 Articles
The Office of the US Trade Representative on Friday launched an investigation into allegations that the Chinese government is not complying with the terms of the 2020 agreement.
US starts investigating China’s compliance with 2020 trade deal as Donald Trump heads to Asia
WASHINGTON — U.S. officials are launching an investigation into whether China lived up to its commitments under a 2020 trade pact that President Donald Trump described at the time as “an incredible breakthrough.’’ The announcement Friday by U.S. Trade Representative Jamieson Greer came the same day Trump was scheduled to head to Asia, where he said he will meet Chinese President Xi Jinping in an effort to ease trade tensions between the world’s …
U.S. Launches Probe Into China's Trade Pact Compliance
U.S. Launches Probe Into China's Trade Pact Compliance Amid escalating trade tensions, the U.S. has initiated an investigation to determine if China has fulfilled its obligations under a trade agreement forged during Donald Trump's presidency. The probe, announced by U.S. Trade Representative Jamieson Greer, accompanies Trump's scheduled meetings with China's President Xi Jinping.The investigation could be a strategic move to leverage pressure o…
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