Washington Update

January 31st, 2020
By Chynna Hawes
Phase One implementation still unclear

Several questions remain about the implementation of the Phase One trade agreement due to come into force on February 14. With little information from US or Chinese officials as to whether tariffs on various goods will be rolled back, there are doubts over the prospects of purchase commitments being met, and questions about the timeframe. Prospects for “phase two” negotiations are also unclear. In conversations with the US-China Business Council,...