World Trump reneged on a rupture of the trade agreement...

Trump reneged on a rupture of the trade agreement with China and stated that it is “completely intact”

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The president of the united States, Donald Trump, gives the hand to the president of China, Xi Jinping, before the start of a bilateral meeting during the summit of G20 leaders in Osaka, Japan. June 29, 2019. REUTERS/Kevin Lamarque

The president of the united States, Donald Trump, has denied this Monday that the rupture of the trade agreement with China and has assured that he is “completely intact”after the business advisor of the White House, Peter Navarro, has claimed that “it’s over”.

The trade agreement with China is completely intact”, has indicated Trump via his Twitter account, where he stated that “expects” that Beijing “continues to comply with the terms of the agreement.”

In an interview with Fox News, Navarro has been settled that the agreement “is over” because of the role China has played during the pandemic spread of the coronavirus, which led to the collapse of political channels and economic with the united Statesaccording to the advisory.

Subsequently, Navarro has specified that those comments were “false” and that his words have been understood “out of context”. In a press release that it has had access to the tv channel CNNNavarro says his words “have not had anything to do with the phase 1 of the trade agreement, which continues in force”.

“I was just talking about the lack of confidence we now have in the Chinese Communist Party after mintieran about the origins of the virus and to impose a pandemic in the world”, he added.

In the picture, the president of the united States, Donald J. Trump. EFE/Oliver Contreras/File

In the picture, the president of the united States, Donald J. Trump. EFE/Oliver Contreras/File

The united states has hardened its discourse in relation to China since the start of the pandemic coronavirus, and both the president, Donald Trump, as the secretary of State, Mike Pompeothey have launched repeated attacks, accusing the asian country of low transparency in the communication of the threat of the COVID-19.

However, following a meeting between Pompeo and the member of the Political bureau of the Central Committee of the Communist Party of China (Chinese communist party), Yang Jiechi, the american diplomat moved to Beijing pledged to “complete and honor” the obligations acquired in phase 1 of the trade agreement.

The first phase of the commercial agreement contemplates the reduction of the additional duties on the part of the united States to chinese products to the value of 120,000 million dollars (107.839 million euros) in exchange for a commitment from China to purchase u.s. goods and services by value of 200,000 million dollars (179.732 million euros) in the next two years.

In particular, Beijing imported to 75,000 million dollars ($67.224 billion euros) in additional manufactured goods, 50,000 million dollars (44.816 million euros) in energy, 50.000 millions of extra dollars in agricultural products and between 40,000 and 50,000 million dollars (between 35.853 and 44.816 million euros) in services, including financial services.

With information from Europa Press

MORE ON THIS TOPIC:

China and the united States is committed to implementing the trade agreement

The united states and China signed the Phase 1 of the expected trade agreement

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