May 17, 2021 — China is not living up to its commitments to purchase U.S. seafood under the 2020 trade agreement between the two sides, according to a trade analyst at a U.S. fishery trade body.
The U.S. China Economic and Trade Agreement, also known as the “phase one deal,” was signed in early 2020 and bound China to USD 200 billion (EUR 164.5 billion) in purchases from the U.S. through increasing orders of certain commodities, including seafood. The increase was based on figures for 2017 – the last full year before the trade war began.