Trump says could say in a week or two whether China adhering to trade deal

The U.S.President Donald Trump said on Wednesday he would be able to report in about a week or two whether China is fulfilling its obligations under a Phase 1 trade deal the two countries signed in January before the coronavirus spread globally.Trump whose administration is weighing punitive actions against Beijing over its early handling of the virus outbreak as economic damage mounts said he was watching closely whether China would meet its commitments to increase U.S. goods purchases under the trade deal.

Washington has pledged to launch negotiations with Beijing on a Phase 2 trade deal tackling government subsidies and thornier technology transfer issues but there has been no effort to start these talks since the coronavirus has locked down large parts of the U.S. economy.U.S. officials have said they are weighing actions against China including possible tariffs and moves to shift supply chains away from China.

Under the trade deal China agreed to increase its purchases of U.S. goods from a 2017 baseline by $200 billion over two years with about $77 billion in increased purchases in the first year and $123 billion in the second year.Video ch dekho hu ki keha china ne amrika nu ke eh video viral ho reha hai facebook te youtube te bhot hi jada.But the health crisis dealt a sharp blow to Chinese demand and its economy is only starting to recover.

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