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China’s global imports, calendar year 2020 y/y: -1.1 percent

China’s imports from the U.S., calendar year 2020 y/y: +9.8 percent


Thus [Trump’s] Phase 1 agreement appears to have contributed to 

some improved U.S. export performance to China, even if China is

far away from meeting the year one commitments.”


(Source: “U.S.-China Phase 1 Trade Agreement – Data Through December 2020; China has increased purchases of agricultural and energy products above 2017 levels but did not reach first year agreed purchases in 2020 and won’t reach the agreed level even if measured from March 2020-February 2021,” by Terence P. Stewart, Current Thoughts on Trade, February 6, 2021, https://currentthoughtsontrade.com/2021/02/06/u-s-china-phase-1-trade-agreement-data-through-december-2020-china-has-increased-purchases-of-agricultural-and-energy-products-above-2017-levels-but-did-not-reach-first-year-agreed-purchases-in/)