China bought about $1 billion of U.S. cotton: Lighthizer

Published 06/17/2020, 12:41 PM
Updated 06/17/2020, 12:45 PM
© Reuters. U.S. Trade Representative Robert Lighthizer, a member of the U.S. trade delegation, leaves a hotel in Beijing

WASHINGTON (Reuters) - Chinese officials have repeatedly affirmed their commitment to buy more U.S. goods and services as agreed under a Phase 1 trade deal, U.S. Robert Lighthizer told lawmakers, adding that some $10 billion in purchases had been recorded thus far.

Lighthizer told members of the House Way and Means Committee that China had purchased about $1 billion of U.S. cotton since the trade deal took effect in February, which was well above earlier levels, but said that was still below substantially higher targets for the year.

© Reuters. U.S. Trade Representative Robert Lighthizer, a member of the U.S. trade delegation, leaves a hotel in Beijing

He did not name the year-end target for cotton purchases.

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