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Since the US-China Phase One Trade Agreement was signed in
January 2020, there has been a lot of uncertainty surrounding how
this trade deal is performing, in terms progress being made on
commitments made to purchases, and the removal or elimination of
barriers to trade.
IHS Markit Senior Policy Analyst, Roger
Bernard, reviews the USDA/USTR Interim report released on
October 23, 2020, in terms of the situation now, the value of the
different agricultural commodity exports, and assesses progress
with regards to moving to the next phase of the trade
agreement.