China Seeks U.S. Flexibility on Phase-One Trade Pledges

The transcript discusses China's internal discussions about seeking flexibility from the US on their trade commitments due to an economic slowdown. The trade deal includes a clause for renegotiation in case of a natural disaster, which China might invoke due to the coronavirus crisis. The US President's reaction is uncertain, but the situation raises questions about the impact on the US economy and the feasibility of the trade commitments.

What are the Chinese discussions regarding their purchase commitments from the US?

How might the slowing Chinese economy affect their demand for US goods?

What clause in the trade deal allows for renegotiation, and under what circumstances?

What are the potential impacts of the coronavirus crisis on the US economy as discussed in the text?

How does the situation undermine the president's case regarding the trade deal?