10 months ago

Trump has denied termination of the trade deal between the US and China

10 months ago

Earlier reports of a trade deal between the United States and China are not true, Trump said.

MINSK, Jun 23 – Sputnik. US President Donald Trump has denied reports of termination of the trade deal with China.

“The trade deal with China is completely safe. I hope they (China) will continue to comply with the terms of the agreement,” Trump wrote on Twitter.

The day before, Trump’s trading adviser Peter Navarro told Fox News that the president had decided to terminate the deal with China amid available data on the origin of coronavirus from China, allegedly escaping from the walls of a laboratory in Wuhan.

Later, a statement was made by Navarro that his statements were taken out of context.

The ceremony of concluding a trade agreement between the two countries was held January 15 in Washington. Trump and Vice Premier of the State Council of the PRC Liu He put their signatures on documents relating to the first phase.

China agreed to increase purchases of US products by $ 76.7 billion during the first year and $ 123.3 billion during the second year of the agreement.

We are talking not only about agricultural products, but also about other goods. According to Trump, the deal will reduce the trade deficit.

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