The U.S./China Relationship Deteriorating Soon After Phase One Trade Deal

CLEVELAND, OH - JULY 21: Republican presidential candidate Donald Trump gives two thumbs up to the crowd during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Republican presidential candidate Donald Trump received the number of votes needed to secure the party's nomination. An estimated 50,000 people are expected in Cleveland, including hundreds of protesters and members of the media. The four-day Republican National Convention kicked off on July 18. (Photo by Chip Somodevilla/Getty Images)

Analysts already expect China to be unable to meet its obligations under the Phase One trade deal it signed with the U.S. this year. Now, the relationship between the two largest economies in the world appears to be in trouble.


President Trump seemed to add fuel to the fire when he told the Fox Business Network that he has no interest in speaking to Chinese President Xi Jinping right now. He even went as far as admitting the possibility of cutting ties with the Asian nation.


Reuters said the U.S. president is very disappointed with China’s failure to contain the COVID-19 outbreak, noting that the pandemic cast a pall over his Phase One deal with China, which was previously hailed as a major achievement.


“They should never have let this happen,” Trump says. “So, I make a great trade deal and now I say this doesn’t feel the same to me. The ink was barely dry, and the plague came over. And it doesn’t feel the same to me.”


Trump’s irritation extended to the Chinese president, who Trump once said he had a good relationship with.


“Right now, I don’t want to speak to him,” Trump told Fox. “There are many things we could do. We could even cut off the whole relationship.”


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