Biden would not act immediately to remove Phase 1 agreement with China - NYT

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Dec 2 (Reuters) - U.S. President-elect Joe Biden will not immediately act to remove the Phase 1 trade agreement President Donald Trump inked with China, the New York Times https://www.nytimes.com/2020/12/02/opinion/biden-interview-mcconnell-china-iran.html reported on Wednesday.

In an interview with a Times columnist, Biden said he would not act immediately to remove the 25% tariffs that Trump imposed on about half of China's exports to the U.S.

Under the agreement, China agreed to increase purchases of American products and services by at least $200 billion over 2020 and 2021. (Reporting by Aakriti Bhalla in Bengaluru; Editing by Christian Schmollinger)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting