AgTalk Home
AgTalk Home
Search Forums | Classifieds | Skins | Language
You are logged in as a guest. ( logon | register )

China deal.
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
davy crockett
Posted 5/11/2025 14:20 (#11221072 - in reply to #11221054)
Subject: RE: Who said China let us off the hook


it doesn`t sound like china lived up to anything and why should they from 2021 to 2025 there was an actual dementia patient in the oval office and worse yet a "Beijing candidate".

https://www.piie.com/research/piie-charts/us-china-phase-one-tracker...


snippet

On February 14, 2020, the Economic and Trade Agreement Between the United States of America and the People's Republic of China: Phase One went into effect. Under the deal, China agreed to expand purchases of certain US goods and services by $200 billion for the two-year period from January 1, 2020, through December 31, 2021, above 2017 baseline levels.

In the end, China purchased only 58 percent of the total US goods and services exports over 2020-21 that it had committed to buy under the agreement. Put differently, China bought none of the additional $200 billion of US exports committed under the deal (figure 1). A more complete analysis of which US goods and services exports China did (and did not) purchase, as well as why, is found here.

Over the course of 2020-21, this PIIE Chart tracked China's monthly purchases of US goods only covered by the agreement. (Because services data were only available at a considerable time lag and not at the monthly frequency, they were not reported in these updates.) Following the text of the legal agreement, tracking goods purchases required relying on data from both Chinese customs (China's imports) and the US Census Bureau (US exports). The chart then compared those goods purchases with the legal agreement's annual commitments, prorated on a monthly basis based on seasonal adjustments, above two baseline scenarios (see methodology section IV below). As set out in the legal agreement, one 2017 baseline scenario allowed for use of US export statistics and the other allows for Chinese import statistics.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)