China Continues to Slow US Trade Deal Purchases, Report Says
China has continued to slow its purchases of U.S. goods under the 2020 phase one trade deal, with October ranking as the “slowest” purchase month in a year, Bloomberg reported Nov. 23. The country bought $9.5 billion worth of U.S.…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
manufactured, agricultural and energy goods last month, bringing China up to 56% of its two-year purchase target of $378.4 billion, the report said. President Joe Biden recently urged Chinese President Xi Jinping to follow through on the commitments in a conversation earlier this month, but U.S. officials also said the sides weren’t expecting a “breakthrough” on any issues, including trade (see 2111160004).