A report in the Global Times suggesting that China may want to terminate the Phase One agreement with the U.S. and renegotiate the deal to be more beneficial to China.
Asked at a White House briefing about the possibility, President Donald Trump said he had “heard that too” relative to the Global Times report. “They would like to reopen a trade talk to make it a better deal for them,” he said at a White House press conference. “I am not interested in that. Let's see if they live up to the deal they signed.”
From the Chinese side, Foreign Ministry spokesman Zhao Lijian said the Phase One deal is a positive. "China and America reaching the Phase One trade deal benefits China, benefits the U.S. and the whole world," Zhao said at a briefing.
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