Biden doubts the success of the US-China trade agreement

Joe Biden, who is running for the presidency of the United States, believes the trade deal between Beijing and Washington is doomed to failure.

This was reported by Reuters.

“The first phase of the Trump deal is collapsing”, – the former US vice president said.

The trade deficit between the United States and China in June of this year increased by 5% compared to the previous month. Beijing buys fewer American goods.

The trade agreement was supposed to improve attitudes after Trump’s trade war. But so far such plans were not destined to come true. So far, only the first phase of the deal has been agreed.