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USA: Beijing does not comply with trade agreement

US Trade Representative Katherine Tai will announce on Monday that China is not complying with the so-called Phase 1 trade agreement, according to a media report. According to the agreement, the People’s Republic was supposed to have purchased additional US goods worth more than 200 billion US dollars over a period of two years, as the CNBC television channel reported. China, however, has not fulfilled this commitment. According to the report, Tai is now considering possible action against China for non-compliance, including potential additional tariffs. The trade representative will comment on the matter in her speech today.

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