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China Pledges to Implement U.S. Trade Deal Amid Rising Tensions

From bnnbloomberg.ca

China reiterated a pledge to implement the first phase of its trade deal with the U.S. despite setbacks from the coronavirus outbreak, and as tensions escalate between the world’s two biggest economies. “We will work with the United States to implement the phase one China-U.S. economic and trade agreement,” Premier Li Keqiang told an annual gathering of lawmakers in Beijing on Friday. “China will continue to boost economic and trade cooperation with other countries to deliver mutual benefits.” Over the past two years, the Trump administration had imposed punitive duties on roughly $360 billion in Chinese goods, and ... (full story)

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