Trump's New Trade Deal Includes China's Shopping List For U.S. Goods

Trump's New Trade Deal Includes China's Shopping List For U.S. Goods

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Business

University

Hard

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The US-China trade deal requires China to purchase an additional $200 billion in US imports over two years, divided into manufactured goods, agriculture, energy products, and services. Meeting these targets is challenging, especially in agriculture, due to recent declines in US-China trade. If either side fails to meet their commitments, the dispute process could allow for tariffs to be reimposed. This deal is just phase one, with phase two expected to address more issues in the future.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What could happen if one side does not hold up their end of the bargain in the trade deal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did President Trump say about the future phases of the trade deal?

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