October 24, 2020

China had made progress towards meeting key parts of the "phase one" deal signed between China and the United States earlier this year, said the U.S. on Friday. 

China had bought about 71 percent of the target, or over 23 billion U.S. dollars, set under the trade deal in U.S. agricultural goods to date, according to a joint statement by the U.S. Trade Representative's (USTR) office and the U.S. Department of Agriculture (USDA).

"Since the Agreement entered into force eight months ago, we have seen remarkable improvements in our agricultural trade relationship with China, which will benefit our farmers and ranchers for years to come," U.S. Trade Representative Robert Lighthizer said in the statement.

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