Trade talks between China and the US are back on track

China and the United States have agreed to hold trade talks in the near future to evaluate the progress of the Phase 1 trade deal.
calendar icon 20 August 2020
clock icon 5 minute read

But ties quickly soured in the aftermath of the coronavirus pandemic and China's imposition of a new national security law in Hong Kong.

Both sides traded threats and sanctions on individuals and businesses, such as Chinese video platform TikTok.

Official data also suggests China's imports of US farm and manufactured goods, energy and services are well behind the pace needed to meet a first-year target increase of $77 billion over 2017 purchases.

China's purchases have increased as its economy recovers from this year's coronavirus lockdown, however.

On Tuesday 18 August, US President Donald Trump told reporters he had postponed a 15 August review of the trade pact, in frustration over Beijing's handling of the virus pandemic.

Read more about this story here.

But ties quickly soured in the aftermath of the coronavirus pandemic and China's imposition of a new national security law in Hong Kong.

Both sides traded threats and sanctions on individuals and businesses, such as Chinese video platform TikTok.

Official data also suggests China's imports of US farm and manufactured goods, energy and services are well behind the pace needed to meet a first-year target increase of $77 billion over 2017 purchases.

China's purchases have increased as its economy recovers from this year's coronavirus lockdown, however.

On Tuesday 18 August, US President Donald Trump told reporters he had postponed a 15 August review of the trade pact, in frustration over Beijing's handling of the virus pandemic.

Read more about this story here.

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