WASHINGTON -- American exports of goods to China dropped 14.7% on the year for the January-March quarter, as the coronavirus pandemic batters the global economy, raising the specter of Beijing unable to fulfill purchases promised under an initial trade deal.
Trade war
Trade deal promises falter as US exports to China fall 15%
Coronavirus shrinks demand and production in the January-March quarter
Containerships at the Port of Los Angeles: The U.S. lowered tariffs on Chinese products in exchange for a commitment by Beijing to purchase more American goods. © Reuters
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