Wednesday 20 May 2020

Trumps feels 'differently' about trade deal with China after Covid-19

The US and China had signed a deal in January to end their 22-month-long trade war during which the two countries slapped tit-for-tat tariff hikes
President Donald Trump
Once dubbed as historic by him, US President Donald Trump on Tuesday said he now feels differently’ about the trade deal he signed with China earlier this year. He said this while once again venting out his frustration with the Beijing leadership, accusing it of letting coronavirus spread, news agency PTI reported.
Till Tuesday, over 92,000 Americans have died and 1.5 million tested positive for coronavirus that has globally killed around 320,000 people. The US and China had signed a deal in January to end their 22-month-long trade war during which the two countries slapped tit-for-tat tariff hikes on products worth nearly half a trillion USD. Under it, Beijing agreed to increase its purchase of US goods by $200 billion in 2020-2021.


“I feel differently now about that deal than I did three months ago, Trump told reporters during a Cabinet meeting at the White House. We will see what all happens, but it’s been a very disappointing situation. Very disappointing thing happened with China because the plague flowed in and that wasn’t supposed to happen and it could have been stopped,” he said…Read More

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