USTR releases report on China trade progress

By Sascha Matuszak

In an Oct. 23 news release,[1] the United States Trade Representative (USTR) announced details regarding the U.S.-China Phase One Economic and Trade Agreement. The agreement called for China to increase purchases of U.S. agricultural goods and implement 57 technical commitments. According to the USTR, China has implemented “at least 50” of the 57 commitments and has purchased more than USD 23 billion in agricultural goods, approximately 71% of its commitments under the Phase One agreement.

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