Categories: BUSINESS

China’s 2020 trade deal under scrutiny: Trump administration launches compliance probe; Beijing agreed to buy more US products, services

The United States has launched an investigation into China’s adherence to the 2020 Phase One trade deal, citing apparent non-compliance with purchase commitments. This move, prompted by China’s failure to meet targets largely due to the pandemic, could escalate existing trade tensions ahead of a meeting between the two nations’ leaders.
Sumitra

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