16:47 GMT16 June 2021
Listen Live
    Get short URL

    WASHINGTON (Sputnik) - The United States is satisfied with the progress made by China on the trade deal between the two countries, although Beijing’s political actions were still a sore point for President Donald Trump, White House Adviser Larry Kudlow said.

    "China is purchasing more crops, more corn, more soybeans, more agricultural commodities than ever seen before" from the United States, Kudlow told Fox News on Thursday, citing his conservation with US Trade Representative Robert Lighthizer. "Thus far, Ambassador Lighthizer is satisfied with the progress."

    The United States and China signed the trade agreement in January after an extended tariffs war between the two countries. Under the agreement, Beijing committed to expand between this year and next its purchase of certain US goods and services by a combined $200 billion from 2017 levels.

    However, soon after the deal was signed, the coronavirus pandemic cause disruptions making it difficult for Washington to enforce the deal on Beijing, although the Trump administration insists that Chinese purchases are on track. The Washington-based Peterson Institute for International Economics published in June findings that showed China has only bought some $40 billion of the $173 billion of US purchases committed for 2020.

    Kudlow, however, said Lighthizer told him China bought from the United States this year more than double the volume of US commodities it purchased in 2007.

    But politically, the two countries were still far apart, Kudlow said.

    "I'm not saying they will make good on all parts of the deal," Kudlow said. "We don't know that yet [on] intellectual property, forced transfer technology and so forth which are very important issues," Kudlow added.


    Trump, Lopez Obrador Sign Joint Declaration on USMCA Trade Deal
    Pompeo Says Discussed 5G, Free Trade Deal During 'Constructive Visit' With UK's Johnson
    UK Trade Deal With EU Unlikely at This Point, EU's Chief Brexit Negotiator Michel Barnier Says
    Australian Farmers Call for Separation Between Foreign Policy and Trade in Dealing With China
    Trump Tweets China Trade Deal Is 'Fully Intact' After Reports of it Being 'Over'
    Larry Kudlow, White House, agreement, trade deal, China, United States
    Community standardsDiscussion