How the Coronavirus Could Impact the Phase One Trade Agreement with China
In mid-January the United States and China signed the "Phase One" economic and trade agreement, a deal that requires "structural reforms and other changes to China's economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange." The trade deal, which was supposed to go into effect in February, provided some relief to the seafood industry. The agreement included the promise that China would purchase an additional $200 billion in U.S. goods, and that...
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