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Key flaw in the US-China phase-one agreement

05/03/2020

The much-trumpeted phase-one agreement aimed at ending the trade tensions between the US and China is proving to be of little help so far to US exporters.

In a detailed new report, non-profit research organisation The Peterson Institute for International Economics has said that, even without the effects of the coronavirus on the Chinese economy, it would have been difficult for China to meet a commitment on increased purchasing of US products.

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