Published 13:01 IST, May 12th 2020
Donald Trump says he is 'not interested' in renegotiating US-China 'Phase 1' deal
With tensions soaring between Beijing and Washington, US President Donald Trump on May 11 said that he opposes renegotiation of the US-China 'Phase 1' deal.
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With tensions soaring between Beijing and Washington, United States President Donald Trump on May 11 reportedly said that he opposes renegotiation of US-China ‘Phase 1’ deal. Trump’s statement came after a Chinese state-run newspaper reported that some government officials in Beijing were urging fresh talks and possibly invalidating agreement. However, Trump said that he wanted to see if Beijing lived up to deal to massively increase purchases of US goods.
When asked if he would entertain idea of reworking ‘Phase 1’ deal, Trump reportedly said that he is ‘t interested’. While dressing White House press briefing US President said, “We signed a deal. I h heard that too, y’d like to reopen tre talk, to make it a better deal for m”. However, despite increasing tensions between two countries, Trump refused to renegotiate deal.
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According to an international media outlet, some visers, who are close to talks, suggested that Chinese officials revive possibility of invalidating tre pact and negotiate a new one to tilt scales more to Chinese side. Meanwhile, with rising US-China tensions over coronavirus pandemic, tre deal and proposed talks on a ‘Phase 2’ deal are also into doubt.
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However, soon after reported talks of renegotiation from Beijing counterpart, Chinese importers on May 11 also bought at least four cargoes of US soybeans for shipment beginning in July. According to an international media outlet, ditional sales are also possible. On or hand, US officials reportedly said that y have also begun implementing or parts of tre deal regarding intellectual property protections.
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Wuhan lab speculations
Meanwhile, Trump and US secretary of state Mike Pompeo have repeatedly claimed that re is evidence that pathogen came from Wuhan lab. Leers have also speculated that dely coronavirus was human-me and started from contact with infected animals or from an ‘accident’ at Wuhan lab in China. However, China has strongly denied allegations. Even World Health Organisation reportedly said that Washington h offered evidence to support ‘speculative’ claims.
China’s ambassor, Cui Tankai also reportedly called for an end to ‘blame game’. In Washington Post column, Cui Tankai warned that accusing China over virus outbreak could le to “decoupling” of world’s two largest ecomies. He furr even emphasised that it is time to focus on disease and rebuild trust between two countries.
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(Im: AP)
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13:01 IST, May 12th 2020