World Trump terminated the trade deal with China: the state...

Trump terminated the trade deal with China: the state economy: Economy:


The President of the United States Donald trump terminated the trade deal with China. This was stated by Advisor to the President on trade Peter Navarro, the TV channel Fox News.

“That’s the turning point. They arrived here on 15 January to sign a trade deal, and it’s been a full two months since they found out that the virus is spreading,” said Navarro.

In early may it was reportedthat the US administration has begun to explore the possibility of using against China the various measures in connection with the pandemic coronavirus. Among these actions was the rejection of the part of debt owed to China, attempts to restrict its sovereign immunity with the aim of filing lawsuits in American courts and the imposition of sanctions.

The US and China on 15 January signed the agreement on the first stage of a trade transaction between the countries. Under contract for two years, China will spend on goods and services from the US $ 200 billion. The U.S. in return agreed to abolish duties on goods from China after the development of the second stage of the transaction.

An outbreak of coronavirus was first recorded in the Chinese city of Wuhan at the end of December last year. In addition to China, the cases have been detected in 188 countries.

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