The U.S. is investigating China’s adherence to the 2020 Phase One trade agreement, which aimed to reduce tariffs and boost imports. The U.S. Trade Representative (USTR) has initiated a Section 301 investigation to assess if China has met its commitments, particularly regarding U.S. imports, which reportedly fell short by over $200 billion. The USTR will hold a hearing on December 16 to gather public input on China’s compliance and potential U.S. responses. The investigation highlights ongoing tensions in U.S.-China trade relations, especially following recent tariff disputes.
Source: https://www.supplychaindive.com/news/us-china-2020-trade-deal-section-301-investigation/803772/