US, China make progress on phase 1 of trade deal
(VOVWORLD) - The US and China have made progress in implementing the agricultural terms of phase 1 of their trade agreement, the US Department of Agriculture and Trade Representative Office said in a joint statement on Tuesday.
Chinese Vice Premier Liu He (L) and US President Donald Trump at the signing ceremony of the US-China Trade Agreement phase 1, January 15, 2020 (Photo: news.cn) |
The two agencies said US food and agricultural exports are benefiting from Chinese tariff relief. Agriculture Secretary Sonny Perdue said China is on the right track in implementing phase 1 of the US-China trade agreement and the US intends to honor its own commitments. He said he hopes the two countries will maintain their dialogue and continue to make progress.