China Fails On $200 Billion Trump Trade Deal, Purchased No New U.S. Exports: Study

This is not a surprise. China has no respect for the Biden Administration. So why would they honor the terms of it’s trade commitments with the United States? President Trump fought diligently against China for it’s unfair trade practices, which had for decades decimated American industry. Sadly, those days are long gone. The incompetent Biden Administration is unwilling and incapable of being tough on China. As such, America’s middle class families will pay the price.

The new trade deal tears down barriers for U.S. farmers!

President Trump: "China will now welcome American beef, and pork, poultry, seafood, rice, dairy, infant formula, animal feed, biotechnology and much, much more.” pic.twitter.com/BVytzEvHoa

— Trump War Room (@TrumpWarRoom) January 15, 2020

China Fails On $200 Billion Trump Trade Deal, Purchased No New U.S. Exports: Study

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By Daily Wire, February 14, 2022

China failed to live up to the first phase of its trade commitment to buy an additional $200 billion of U.S. exports, according to a new study.

In fact, despite agreeing to “Phase 1” of the trade deal brokered by former President Donald Trump two years ago, the Chinese Communist Party didn’t even spend a single additional dollar on U.S. exports.

Under the agreement, China said that it would buy at least $227.9 billion of U.S. exports in 2020, which would increase to $274.5 billion in 2021, totaling to $502.4 billion over two years. In reality, China only purchased just over half that amount.

Trump celebrated this trade deal in January of 2020, saying that it would be a welcome news for many U.S. industries, including agriculture.

“The agreement tears down major market barriers for U.S. food and agricultural exports. China will now welcome American beef, and pork, poultry, seafood, rice, dairy, infant formula, animal feed, biotechnology and much, much more,” Trump said at the time.

The new trade deal tears down barriers for U.S. farmers!

President Trump: "China will now welcome American beef, and pork, poultry, seafood, rice, dairy, infant formula, animal feed, biotechnology and much, much more.” pic.twitter.com/BVytzEvHoa

— Trump War Room (@TrumpWarRoom) January 15, 2020

The Biden administration is now criticizing the deal, calling it “unrealistic” and lacking a way to hold China accountable. White House official Brian Deese said that the Biden administration would hold China accountable for their commitments, but didn’t clearly explain what would be done differently.

“We’re taking a different approach. Number one, holding China accountable where they have made commitments to say if you’re not going to live up to these commitments we need to take a different approach. Number two, to really focus on those areas where Chinese action is posing strategic threats to our economy,” Deese said.

JUST NOW: "That agreement was flawed in multiple ways, including unrealistic commitments and not having a mechanism to hold China to account."

WH Official @BrianDeeseNEC on reporting China is $288 billion short in trade deal it made with Trump.

pic.twitter.com/q8YZll3FmN

— John Berman (@JohnBerman) February 9, 2022

Multiple factors played into China’s failure to meet their trade commitments, beyond their own international economic ambitions which U.S. exports could potentially impede. These include the preceding trade war between the U.S. and China which meant that U.S. exporters were already running behind schedule, and more specific issues, such as two Boeing 737 Max crashes which halted production and resulted in canceled Chinese  orders.

“President Trump’s trade war and phase one agreement did little to change China’s economic policymaking,” wrote the study’s author, Chad Brown. “Beijing seems intent on becoming more state centered and less market oriented.”

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