China has so far failed to meet its committed purchases of U.S. goods under the "phase one" trade deal that it struck with the Trump administration.
In 2020, China imported $100 billion of the U.S. goods agreed to in the deal — roughly 58% of the targeted $173.1 billion, according to data compiled by Peterson Institute for International Economics. Scott Kennedy of the Center for Strategic and International Studies said this week that the Trump administration failed to tackle many economic issues concerning China."phase one" trade dealAs part of the "phase one" trade deal, China agreed to buy at least $200 billion more in U.S. goods and services over two years — in 2020 and 2021 — on top of its purchases in 2017. The agreement, signed in January last year, paused a damaging tariff fight between the U.S.
No surprises, trump did such a great trade deal.
1/ USChina ChinaUS TradeWar China There is no such clause in PhaseOne Agreement ; Any agreement should be mutually beneficial ; The US ALWAYS points a finger at the other party , while ROBBING IN BROAD DAY LIGHT. Please read the attached .
Just like all business, they decided to spend money where they are welxomed.
They are doing what they do. Try any kind of negotiations now with a compromised President. He was bought off with Hunter.
As per usual they cheat the system
Americans believed as usual, Chinese betrayed as usual What is the next be-trayal deal?
cus US goods contain America virus！！！
Why would you buy more food than you actually need. It was known at the time. Stupid statements by the 🍊 regime saying they would.
No surprise
Why is their flag larger than IS flag on pic ? I’d it meant to symbolise something?
The biggest and most cruel syndicate in the world is the US military and government
What? China has never seen a trade deal, a patent, a peace treaty, a democracy, that is doesn't want to smash. Modern day nazi Germany with genocide included. Buy your made in China tesla today. You know they love the planet and will go with Paris climate accord. Yup.
Wow trump got them to agree to something they couldn’t afford
Buy what? The whole US was not working anymore and they weren't making anything
Biden won’t do anything. Remember who is joe’s master
Oh sexy girlfrnnn
Stop all trade with China. Order all companies back on US soil or be disbarred from ever doing business here again. Encourage our allies to do the same. Want cheap labor? Build factories in Poland, Romania, the Baltics, eastern Europe. Open alliances in South and Central America
You mean the 'forced' trade deal. Pathetic.
We shouldn’t have made any deals with that government, which is good at cheating it own people and the whole world.
There is nothing to buy. American companies are buying a lot Coronavirus related products to sell to the American population.
Everything Trump touches....
CCP says one thing, then does othear. I am shocked, i tell ya' SHOCKED!? Round up the usual supects.
it is not Executable contract
yea but i’m sure they feel really bad about it
美国一直在搞七搞八的，不讲信义，不讲道德，第一阶段协议还存在吗？
Maybe Biden to force them to buy now. It was just useless papers.
China is a rip off, on a Global scale. They do that to everyone.
Another epic failure from Trump the con. No one should be surprised.
But i thought we had all the best trade deals?
No worries, Trump already declared victory of the trade war
The slow people still believe he’s the best president?
Trump said he doesn’t care about the agreement. He gained the credibility. That’s all. Who will fulfill an agreement the others don’t care?
this is expected, right? China holding on to its words? is there anyone who still believes that?
This is considered news?
Did Trump think they would? Did he put a clause in there for consequences if they were in breach? It's basic contracting 101. Otherwise the agreement is meaningless.
Because of course they did...
100 bucks says Biden does nothing
Trade wars are easy to win
DonaldJTrumpJr failed the USA
thanks
Trump still winning.
US makes great agreements with their allies. Not
پاپولزم کا نظریۂ سیاست ۔۔۔ جدید دور کا سب سے ناکام تجربہ کیوں بن گیا؟ 👇👇👇👇👇👇👇👇👇
Is anyone surprised?
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