US-China trade: negotiators set to hold talks on progress of phase one deal

US-China trade: negotiators set to hold talks on progress of phase one deal

Trade negotiators from China and the United States are expected to hold formal talks soon to assess the implementation of their interim trade deal signed at the start of the year, amid a backdrop of rising tensions.Although China has significantly increased its purchases of American farm goods in recent months – though still some way short of what was promised in the phase one agreement because of the Covid-19 pandemic – the tit-for-tat closure of Chinese and US consulates on each other’s soil,…


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