The memo, expected to be signed shortly, also directs federal agencies to assess China’s performance under the “Phase 1” trade deal he signed with Beijing in 2020 to end a nearly two-year tariff war. The deal required China to increase purchases of U.S. exports by $200 billion over two years, but Beijing failed to meet the targets as the COVID-19 pandemic hit.
“China’s adherence to this agreement will now be assessed, to determine whether enforcement or changes are required,” the memo reads.
Source: Economy - investing.com