Experts question whether China can fulfill phase-one trade promises to the US - Business Insider

President Donald Trump shakes hands with Chinese Vice Premier Liu He before signing "phase one" of a US China trade agreement with President Donald Trump, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington.China said it would buy an additional $200 billion worth of American imports the next two years as part of a phase-one trade deal with the US.

China said it would buy an additional $200 billion worth of American imports the next two years as part of a phase-one deal with the US, which was signed at a lavish White House ceremony last week. With its "America First" agenda in focus ahead of the November elections, the Trump administration has boasted this figure even as experts raised doubts about its feasibility.

That would be a 92% increase of US exports of the covered products to China between 2017 and 2021, according to Bown. He added that exports to China have fallen sharply in those sectors since the start of the trade dispute, putting the phase-one targets further out of reach.

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