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. China denies that it has failed to abide by the deal.
“China has scrupulously fulfilled its obligations in the Phase One Economic and Trade Agreement,” a spokesperson for the Chinese embassy in Washington said in a social media post.
The probe into unfair trade practices could grant President Trump greater authority to impose more tariffs on China, which he has hit with massive trade duties during his second term

Aljazeera US & Canada

Reuters US Business
Reuters US Top
America News
AlterNet
Raw Story