United States

Trump's $200 billion trade deal with China already at risk due to coronavirus

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.SUBSCRIBEMay 12, 2020, 9:26 PM UTC / Updated May 12, 2020, 9:40 PM UTCBy Martha C. WhiteChina’s commitment to purchase $200 billion in U.S. exports by the end of 2021 has been badly sidelined by the dual supply-and-demand shock delivered by the coronavirus.U.S. exports to China of manufacturing, agriculture, energy and services will only total a combined $57 billion this year, a fraction of what was stipulated in the phase one agreement both countries signed in January, according to a report by the Center for Strategic and International Studies.“In light of what is going on right now, I think it’s important ...