US EditionUS 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.
- The U.S. Trade Representative Jamieson Greer announced an investigation into China's compliance with the Phase One agreement signed in 2020.
- The investigation could lead to higher tariffs on Chinese imports due to Beijing's apparent failure to uphold trade commitments related to agricultural reforms and intellectual property protections.
- China reportedly did not meet purchase targets in the Phase One deal, attributing the shortfall to the Covid-19 pandemic's impact on supply chains.
- Following the announcement, public comments will be accepted from October 31 to December 1, with a public hearing scheduled for December 16 to gather further input on the matter.
51 Articles
51 Articles
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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