Chinese and US trade representatives agreed on Friday to
“create favourable conditions” for the phase one trade deal signed in January, officials said, despite recent tensions over the coronavirus pandemic.
US officials said after the call that both parties agreed “good progress” is being made on creating the governmental infrastructures needed to make the agreement a success. In January, Beijing agreed to import an additional $200 billion in US products over two years, above the levels purchased in 2017, marking a truce in a bruising trade war that had hammered the global economy for almost two years.
He added that the pandemic has disrupted supply and demand on both sides of the Pacific, highlighting risks around the survival of the deal.
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