News Snapshot:
Washington DC: The Biden administration will revisit the phase one trade agreement signed with China last year, a senior official said on Monday, asserting that the US Trade Representative will soon resume direct engagement with her Chinese counterpart to outline a new approach to the bilateral relationship. In January last year, the US signed the first phase of the trade deal with China, which former president Donald Trump described as historic, concluding more than a year of tough negotiations including several months of suspension of talks between the two largest economies of the world. The agreement was signed by Trump...
