Published: Sun, February 16, 2020
Global News | By Blake Casey

Phase One Trade Deal Includes Deadlines for U.S., China

Phase One Trade Deal Includes Deadlines for U.S., China

A doctor disinfects the entrance of a community health service center, which has an isolated section to receive patients with mild symptoms caused by the novel coronavirus and suspected patients of the virus, in Qingshan district of Wuhan, Hubei province, China Feb. 2, 2020. However, the USA has to meet some deadlines as well.

The fast-spreading virus has killed 1,370 people and infected about 60,000, almost all in China, constraining the world's second largest economy and handing the ruling Communist Party one of its most hard tests in years. At the presidential level, he added, relations "were doing fine". "I do know that apparently more and more people are suffering over there". "American businesses, farmers, consumers, and workers certainly need these (tariff) reductions, as they have been paying the price for these tariffs since the trade war began", Jonathan Gold, spokesperson for Americans for Free Trade, said in a statement on Friday.

Craig Allen, president of the US-China Business Council (USCBC), said the business slowdown in China could affect the timing of purchases, but both governments were committed to meeting the targets.

The World Health Organization sent an advance team into the nation on Sunday. Criticism intensified after the death of a doctor who had tried to raise the alarm about the outbreak in December but was silenced by authorities. "I think they've handled it professionally, and I think they're extremely capable", Trump said in a podcast on iHeart Radio.

Some trade experts have said that USA companies doing business in China may be reluctant to lodge complaints with the new office, fearing that the Chinese government will put new pressures on them.

After Erdogan Supports Pakistan on Kashmir, India Asks Turkey Not to Interfere
Imran Khan further assured to fully facilitate Turkish business community including their joint ventures with Pakistani companies. File image of Turkish president Recep Tayyip Erdogan . "When there were earthquakes in Turkey, they [Pakistanis] supported us".

Contrary to Kudlow's description of Beijing's not allowing access, Trump said: "We're working with them". That followed a forecast earlier this week by China's senior medical adviser that the epidemic may end there by April.

"If we don't get good information out of China, it's very hard for us to make a decent assessment", he said.

The epidemic has caused chaos in markets across the world, particularly in the stocks of firms with higher vulnerability to China through their supply chains or essential sources of earnings.

State-run CGTN reported that 505 cases of the virus were overseas, including 15 cases of the virus in the US.

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