businessUpdated: Aug 25, 2020 23:52 ISTTop US and Chinese trade officials reaffirmed their commitment to a Phase 1 trade deal and discussed how to increase lagging Chinese purchases of American goods, lending support to financial markets on Tuesday. White House trade adviser Peter Navarro, a vocal China hawk, told reporters on Tuesday the trade deal was “alive and well. China’s commerce ministry confirmed the two sides had a “constructive dialogue” and agreed to continue pushing forward the implementation of the Phase 1 trade deal. The United States exported just $7.274 billion in agricultural goods to China in the first half of the year, according to the US Census Bureau. China bought only 5% of the targeted $25.3 billion in energy products from the United States in the first half of 2020.

Source: Hindustan Times August 25, 2020 18:22 UTC