US, China to discuss Phase 1 Trade Deal amid COVID-19 Disruption.
                     US, CHINA TO DISCUSS PHASE 1 
TRADE DEAL AMID COVID-19 
DISRUPTION
INTRODUCTION
• Negotiators from the United States and China will 
discuss the “phase one” trade deal signed earlier 
this year.
• The corona virus slammed the world economy and 
relations between the two economic powers took 
a turn for the worse.
Source: Times of India 
WASHINGTON AND BEIJING’S 
JANUARY DEAL 
• Washington and Beijing’s January deal represented 
a partial truce in their months-long trade war.
• This obligated Beijing to import an additional $200 
billion in American products over two years.
Source: Times of India 
WASHINGTON AND BEIJING’S 
JANUARY DEAL 
• US President Donald Trump has stepped up 
rhetoric against China ahead of be a tough fight for 
a second term in the November elections.
• Trump is raising questions about the deal’s fate as 
well as the possibility of a second phase of the 
truce.
Source: The Independent
OUTCOME OF THE TRADE 
TALK
• The outcome of the trade talk will signal if both 
sides are willing to continue to keep the deal, 
which will signal whether the relationship will 
deteriorate further. 
Source: artnet News
NO CONFIRMATION 
REGARING THE DEAL
• Neither the US nor the Chinese government 
confirmed the talks to AFP.
• But the deal mandates meetings every six months 
after it takes effect, which would be on 15 August 
2020.
Source: ET Auto
COVID 19 IMPACT
• With tensions high and both countries reeling from 
the shock of Covid-19.
• This has caused a historic contraction in global 
growth and trade.
• Analysts don’t expect the talks to produce major 
changes in the agreement. 
Source: Times of India 
COVID 19 BLAME
• The comity of the deal’s signing in Washington has 
been overshadowed in recent months.
•  Because Washington and Beijing have traded 
barbs over who is to blame for the corona virus, 
which first surfaced in China.
Source: BBC News
BAN ON CHINESE INTERNET 
GIANTS
• Also worsening tensions are China’s crackdown on 
Hong Kong.
• This took place after the Trump administration’s 
order to bar Chinese internet giants TikTok and 
WeChat from operating in the US.
Source: Dawn
AGRICULTURAL PURCHASES
• Chinese agricultural purchases at the end of June 
were far from where they should be at that point 
in the year.
• They had reached only 39 per cent of their semi-
annual target, according to US figures, or 48 per 
cent, based on Chinese figures.
Source: Voice of America
CHINA–UNITED STATES TRADE 
WAR
• The China–United States trade war is an ongoing 
economic conflict between China and the United 
States. 
• President Donald Trump in 2018 began setting 
tariffs and other trade barriers on China 
Source: Times Now