China and U.S. Differ Over Agricultural Purchases Trump Boasted About - News Summed Up

China and U.S. Differ Over Agricultural Purchases Trump Boasted About


It appears to be just the latest misstep in a drawn-out negotiation between the United States and China. The Trump administration has insisted that its tariffs remain while China makes the promised changes, but it is also eager to find a solution where China will move ahead with large purchases of agricultural goods. Negotiators from the two countries are continuing to work toward a deal, and large-scale purchases could still happen. The United States has moved to cut the company off from access to American suppliers by placing it on the so-called entity list, which restricts sales of American technology for national security reasons. The American technology industry has been lobbying the administration, saying the restrictions could cut it off from a valuable source of revenue.


Source: International New York Times July 10, 2019 19:07 UTC



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