U.S. ↔ Phase One trade agreement

Relations (1)

cross_type 2.81 — strongly supporting 6 facts

The U.S. is a primary signatory and participant in the Phase One trade agreement, as evidenced by its role in finalizing the deal [1], signing the agreement [2], and adjusting tariff policies [3].

Facts (6)

Sources

Strategic Rivalry between United States and China swp-berlin.org SWP 2 facts

claimOn December 25, 2019, the Global Times reported that experts dismissed negative media coverage regarding the 'Phase One' trade deal between the United States and China.

claimOn 13 December 2019, the United States and China agreed on a partial Phase One trade agreement in which both sides renounced announced increases in special tariffs.

U.S.-China Relations cfr.org Council on Foreign Relations 2 facts

claimThe United States dropped its designation of China as a currency manipulator days before the signing of the 'Phase One' trade deal.

claimPresident Donald Trump and Chinese Vice Premier Liu He signed the 'Phase One' trade deal, which relaxed some U.S. tariffs on Chinese imports and committed China to purchasing an additional $200 billion worth of American goods, including agricultural products and cars, over two years.

The U.S.-China Trade Relationship | Council on Foreign Relations cfr.org Council on Foreign Relations 1 fact

measurementThe United States exported 34 million metric tons of soybeans to China following the signing of the Phase One trade agreement in 2020.

How China is responding to escalating strategic competition with the ... brookings.edu Ryan Hass · Brookings 1 fact

claimThe United States and China finalized a 'phase-1' trade deal in January 2020.