Coronavirus live updates: Outbreak could affect US-China phase one trade deal, official says – CNBC

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The disease outbreak in China looks like it could have an impact on Beijing’s commitments to buying U.S. agricultural produce this year, White House national security advisor Robert O’Brien said at an Atlantic Council event.

U.S. agricultural purchases by China are part of a phase one trade deal both countries signed last month to ease trade tensions between the world’s two largest economies. “We expect the phase one deal will allow China to import more food and open those markets to American farmers,” O’Brien said. “As we watch this coronavirus outbreak unfold in China it could have an impact on how big, at least in this current year, the purchases are.”

He also said that the United States has offered China the “opportunity” to have American doctors and health experts on the ground to help contain the virus’ spread. “That offer has not been accepted at this point, but that’s an outstanding offer,” he said.

Source Article from https://www.cnbc.com/2020/02/12/coronavirus-live-updates-covid-19.html

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