Trump on international trade / US-China trade deal again, Trump said - Nothing is decided yet, agreement was reached four months ago

American and Chinese officials claim timely completion of trade deal

Agreement reached to increase US imports to $ 200 billion

Trade deals between the US and China are once again clouded by crisis. US President Donald Trump said on Friday that he could end the deal between the two countries four months ago. In an interview to Fox News, the President said that he is quite upset at this time and has not decided anything about the US-China trade deal.








US-Chinese officials claim the deal to be on time

The US President's statement comes at a time when officials of both countries claimed to complete the first phase of this trade deal on time. Just 12 hours before Trump's statement, US Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin spoke to China's Vice Premier Lu Hee. After this, in a joint statement, the officials of the two countries had said that China is confident that it will buy as promised under the trade deal.








Both countries are preparing the necessary infrastructure

In a joint statement, Lighthizer and Mnuchin said that the two countries are preparing the necessary infrastructure to make this agreement a success and good progress is being made in this direction. Lighthizer and Mnuchin denied that Beijing was delaying purchases on the pretext of a coronavirus pandemic and that China had turned away from its promise.







Trade deal will be completed on time

US officials claimed that Chinese officials also agreed that the two countries would complete the trade deal in time despite the coronavirus epidemic. US officials said that all obligations under the deal would be met on time.








What is US-China trade deal

About four months ago, there was an agreement on trade between the US and China. Under the deal, China was to purchase more than $ 200 billion worth of American products and services in the next two years. This included exports from the US to China of $ 76.7 billion this year and $ 123.3 in 2021.







Fewer purchases in first three months of current year

This week the US Department of Commerce released the data. According to this data, China's purchases are running less than the level of 2017 in the first three months of the current year. China has bought about $ 7 billion less in these three months than in 2017.