Bloomberg News published an article on the latest claims from the Trump Administration about the Phase 1 purchases by China. The U.S. government said Friday that China had purchased $23 billion in American farm products this year, but that amount includes both goods that have been shipped and also those sold but not yet exported. Senior Research Fellow Joseph Glauber stated that the figure is an “overly optimistic” gauge as some of the sales may only hit the water after the Dec. 31 deadline and the contracts may still be canceled.
Trump administration claims on farm trade progress questioned (Bloomberg News)
October 24, 2020