Senator sees U.S. sticking to trade deal with China despite pandemic concerns

  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade deal with China despite concerns over Beijing's handling of the coronavirus pandemic.

FILE PHOTO: Senator Chuck Grassley listens to U.S. Treasury Secretary Steven Mnuchin during a Senate Finance Committee hearing on the President's FY2021 Budget on Capitol Hill in Washington, U.S., February 12, 2020. REUTERS/Yuri Gripas

Grassley, a strong backer of the trade agreement signed in January, told reporters he felt reassured that Trump would stick to the deal after a private conversation with his fellow Republican late last week. Trump has stepped up criticism of China recently over its handling of the coronavirus outbreak and a national security law that would reduce the separate legal status of Hong Kong, sparking questions about the U.S.-China trade deal’s future.

Grassley said he discussed the trade deal with Trump during last week’s phone call, and told him that he believed U.S. concerns over China’s lack of transparency about the virus should not interfere with the trade agreement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How many enemy is US senators and the Govt are going to have around the world before the end if this administration because EU and 4 corrupt leaders in M/east are not enough

When it comes to cash....

Why This is a perfect time to bring back the companies. During the pandemic we were at China's mercy. For all our emergency needs. This has to stop.

He’s another do nothing

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Missouri senator demands Google provide information about YouTube censorship of comments critical of China'Selling out American principles to curry favor with communist officials is no way to run an American business—regardless of who else is doing it,' Missouri Senator Josh Hawley said. More bullshit from one of the usual suspects. Nobody cares anymore, that an American 'demands.
Source: Newsweek - 🏆 468. / 52 Read more »

U.S. Senate could shift China risk into overdriveA bipartisan bill would impose sanctions on Beijing officials and local banks for new Hong Kong curbs. Tensions between the two superpowers are already high. The legislation would bump that up several notches. And the economic fallout would be worse than that of the trade war.
Source: Breakingviews - 🏆 470. / 51 Read more »

Breakingviews - U.S. Senate could shift China risk into overdrive(Reuters Breakingviews) - The U.S. Senate is taking pressure on China to a new level. A bipartisan bill doing the rounds on Tuesday would impose sanctions on Beijing officials and local banks if the country puts into place fresh curbs on Hong Kong. Tensions between the two superpowers are already high. The legislation would bump that up several notches. LiveSquawk The march of folly... If it’s just a matter of time, bite the bullet and do it now. BoycottChina StandWithHongKong If Americas no longer have access to cheaply made products from China, a lot of factories will shutter and those workers will return home to the towns of villages of their birth with no economic prospects. It could collapse the Chinese government when it can no longer cope
Source: Reuters - 🏆 2. / 97 Read more »

Asia Pacific stocks set to trade mixed as investors weigh U.S.-China tensions, economies reopeningStocks in Asia Pacific were set to trade mixed as investors weighed the potential impact of rising tensions between Washington and Beijing against the reopening of economies as measures to contain the coronavirus pandemic are eased.
Source: CNBC - 🏆 12. / 72 Read more »

Pompeo certifies Hong Kong is no longer autonomous from China, jeopardizing billions of dollars in tradeSecretary of State Mike Pompeo said he certified to Congress Wednesday that Hong Kong no longer enjoys a high degree of autonomy from China -- a decision that could result in the loss of Hong Kong's special trading status with the US and threaten the autonomous region's standing as an international financial hub. You have to put American people safety in the first place, figure out how to curb COVID in the US rather than interfere other countries’ internal affairs (not only China) FOR OVER A YEAR VIOLENT HONG KONG PROTESTERS HAVE BRUTALISED HONG KONG. HERE IS ONE OF DOZENS & DOZENS OF VIDEOS SHOWING THES PROTESTER'S BRUTALITY. THIS WAS JUST THE OTHER DAY. POMPEO SUPPORTS THIS
Source: CNN - 🏆 4. / 95 Read more »

Secretary of State Mike Pompeo says Hong Kong no longer autonomous from China, threatening trade statusSecretary of State Mike Pompeo has told U.S. lawmakers that Hong Kong was no longer autonomous from mainland China, threatening its special trade status as encoded in U.S. law. So ivanka has to give her patents back? Trump has to return all the maga merch? By this standard are we still autonomous from Russia or no? Pompeo is a criminal and needs to be investigated. PompeoSaudiArmsSales PompeoGate
Source: Newsweek - 🏆 468. / 52 Read more »