Ledger · First term · № 130
China will buy $200 billion more in U.S. goods
Never delivered“[paraphrase] Under the Phase One deal China will purchase an additional $200 billion of American goods and services over two years.”
- Promised
- , Phase One trade deal signing, White House East Room
- Stated deadline
- “over 2020 and 2021” → January 14, 2022
- Overdue by
- 4 years, 8 months as of September 22, 2026
- Re-promised
- 10 times with a fresh deadline
- Topic
- Trade & tariffs
- Era
- First term
What happened
Peterson Institute analysis by Chad Bown found China bought none of the additional $200 billion. Purchases of covered products in 2020 fell more than 40 percent short of the year's target, and over the full two-year period China reached only about 57 percent of commitments.