"The probe comes as the US government seeks additional leverage against Beijing amid escalating trade tensions. The United States has launched an investigation into whether China is out of compliance with a 2020 trade deal they struck together, as trade tensions ratchet up between the world's two largest economies. US Trade Representative Jamieson Greer announced the investigation on Friday, as President Donald Trump travels to Asia to meet with his Chinese counterpart, Xi Jinping."
"In that agreement, Beijing agreed to buy more US agricultural and manufacturing goods. A Federal Register notice (PDF) from the Office of the US Trade Representative alleges that China has not followed up on that promise or others related to intellectual property protections, forced technology transfers or financial services. September, for instance, marked the first month since 2018 that China imported no soya beans from US farmers."
The United States has launched an investigation into whether China is noncompliant with the 2020 Phase One Economic and Trade Agreement, potentially giving the US authority to impose additional tariffs. US Trade Representative Jamieson Greer announced the probe as President Donald Trump traveled to Asia to meet Xi Jinping. China denied breaching the agreement and said it fulfilled obligations. The Federal Register notice alleges failures on purchase commitments and on intellectual property protections, forced technology transfers, and financial services. China imported no US soybeans in September, illustrating missed agricultural purchases and adding pressure for compliance.
Read at www.aljazeera.com
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