Covid-19 pandemic has impacted the relationship of both countries China in the United States which is also had an impact on a deal with crossing the tensions between the two countries. China’s crackdown on Hong Kong to which Trump administration order to ban Chinese giants TikTok and Wechat from operation in the US and sanction responded Washington.
The deal which was fixed in January included a partial truce in their month’s long trade war in Beijing to import 200 million additional in American products over two years from cars to machinery to oil to farm products. According to the officials in the US, there won’t be any changes done in the deal because the relations between the two economic powers took a turn for the worse. Purchasing of good which is fixed in the deal are remaining to purchase while the US President Donald Trump had stepped up against China and expected to be a tough fight for a second term in this election that will be held in November.
The meeting of the deal is likely to be discussed on Saturday between the two Nations that the officials of both the Nations will be present. Iras Pany who is the chief economist for greater China at financial service gain ING said that “The outcome of the trade will represent if both the countries are willing to continue to keep the deal which will signal whether the relations will deteriorate further”.