We should not expect a second phase in trade deal with China

A second phase in the trade deal with China is unlikely to happen. At least that is what former U.S. Ambassador to China, Terry Branstad believes.

He says China is market-distorting, meaning they are subsidizing their state-owned enterprises. It was something the Trump Administration tried to address but did not quite get there, and Branstad says President Biden does not want to look into it.


AFBF on China missing the target on the Phase One deal

Update on Trade Deal with China

AFBF: Exports to China not far from pace needed to meet Phase One goals