The U.S. and China have delayed a six-month review of the Phase One trade deal. President Donald Trump stated he was the one who delayed the talks between U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
“Last week, because they know I’m very angry at them because this should have never happened [referring to the COVID-19 pandemic], they made the largest order of corn, the largest order of soybeans in history,” Trump said to Fox and Friends. “They made the largest beef order that they’ve done in a long time, they are going the opposite way because they know how I feel, because look they can’t make it without us.”
When asked if he would pull out of the trade deal, Trump replied, “We’ll see.” The South China Morning Post reported Chinese analysts said the delay was “not a bad thing” as China could continue buying U.S. goods.
