China’s purchases in Trump trade deal missing target



Jonathan Garber, R.N. White | FOXBusiness

China is lagging behind on purchase commitments made to the U.S. under a phase one trade agreement that President Trump hailed as a signature accomplishment of his first term.

After a slow start as the COVID-19 pandemic roiled global commerce, Beijing has bought just $56.4 billion of American goods this year, according to Chinese data.

The partial trade deal signed in January said China, over the next two years, must buy $200 billion more of U.S. exports than the roughly $130 billion bought in 2017. The agreement calls for the purchase of about $32 billion of U.S. agriculture products.

The U.S. Trade Representative’s Office didn’t immediately respond to FOX Business’ request for comment.

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