US President Donald Trump has threatened to terminate the phase one trade deal if China fails to fulfill its promise to buy US$200 billion more in American goods and services.During a virtual town hall from the Lincoln Memorial in Washington on Sunday, Trump said China’s President Xi Jinping had only agreed to the deal because of the Washington-imposed tariffs which “at a minimum are the greatest negotiating tool that we have ever devised that we never use”.Many have speculated that China’s…
from South China Morning Post https://bit.ly/2YuQCug
Monday, May 4, 2020
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