Trump canceled the trade negotiations with China through a pandemic COVID-19

News

Trump canceled the trade negotiations with China through a pandemic COVID-19

20.08.2020 News

US President Donald Trump canceled the trade negotiations with China due to pandemic of coronavirus. The American leader has accused China in the spread of the virus in the world.

The information was reported by Bloomberg.

The trade agreement concluded in the first stage, which came into force in February, ensured a discussion of the implementation of the agreement every six months. Chinese Deputy Prime Minister Liu He was scheduled to hold a video conference with US Trade Representative Robert Leitheiser and Finance Minister Steven Mnuchin. However, the negotiations were postponed on indefinite term.

“I canceled negotiations with China. I do not have a desire to deal with China now. The fact that China has made to the world, it is impossible “, – said Trump.

As we know, that the first phase of the trade agreement between the states was signed in January 2020. However, in May, Trump was ready to break it, accusing China of not doing enough to stop the pandemic.

The first phase involves trade agreement of China imports for US agricultural products amounting to 36.5 billion dollars this year.

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