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US-China trade war
EconomyChina Economy

China’s imports of US goods plunge amid trade war, complicating ‘phase 2’ deal

China has slowed or halted purchases of a slew of US energy and farm goods in 2025, but shipments could soar again after a US-China trade deal

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A Chinese flag flies from a ship at the Port of Oakland in California. Officials from the United States and China are beginning a third round of trade negotiations in Stockholm on Monday as both sides strive to bring their ongoing tariff war to an end. Photo: AP
Kandy Wongin Hong KongandLuna Sunin Beijing

Washington is widely expected to push China to commit to “large purchases” of US goods during trade negotiations in Sweden this week, but customs data shows that Chinese imports of a slew of American commodities have plunged or even halted entirely in recent months.

Officials from Beijing and Washington begin a crucial third round of trade talks in Stockholm on Monday, with many analysts predicting the US side will focus on securing Chinese agreements to import more American oil, liquefied natural gas and other goods.
The talks come a day after the US struck a framework trade deal with the European Union that included an EU commitment to ramp up imports of American energy and military equipment, and the US setting a 15 per cent tariff rate on EU goods.
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“The Trump administration is pursuing a ‘phase two’ trade deal and will request large purchases of US commodities, including energy, as well as direct investment in US commodity production and export capacity,” said Matt Gertken, chief geopolitical strategist at BCA Research in Canada.

But he added that “US-China national security competition will force China to impose limitations on US dependency”.

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China has long been a major buyer of US energy and agricultural products, but its imports of several American commodities have plunged or completely frozen in recent months as tensions between the two sides have intensified over a series of trade and technology issues.

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