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China is still falling short of meeting an agreement to reduce its U.S. trade surplus

China is still falling short of meeting an agreement to reduce its U.S. trade surplus
China’s purchases of U.S. goods are still falling short of trade agreement levels, even as overall Chinese imports from the U.S. have surged.
That’s according to analysis out Monday from the U.S.-based Peterson Institute for International Economics.
In January 2020, before the coronavirus pandemic and under former U.S. President Donald Trump, China agreed to buy at least $200 billion more in U.S. goods and services over the next two years, relative to the 2017 level. Known as the phase one trade deal, the purchase agreement included specific agriculture, energy and manufactured products. ....

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China Is Still Falling Short of Meeting an Agreement to Reduce Its U.S. Trade Surplus

China Is Still Falling Short of Meeting an Agreement to Reduce Its U.S. Trade Surplus
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China Buys Fewer American Goods in May; Trade Surplus Grows

China bought fewer American products in May versus the prior month, while exports to the U.S. rose, according to customs data released Monday. ....

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Top US, China Trade Negotiators Hold "Constructive" First Call But Many Challenges Linger

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US and China Trade Representatives Hold First Phone Call Under Biden

U.S. Trade Representative Katherine Tai and Chinese Vice Premier Liu He had a “candid, pragmatic and constructive” call, China’s Ministry of Commerce. ....

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