Grassley confident China will meet phase-one commitments

Senate Finance Committee Chairman Chuck Grassley (R-IA) on Tuesday said he was confident China would meet its commitments under its phase-one trade deal with the U.S. despite reports saying Beijing had ordered state-owned entities to halt purchases of U.S. soybeans. He also contended that trade issues should not be conflated with other irritants in the U.S.-Sino relationship. “There’s too much of a conflation between what we’re mad about China” and the U.S.-China trade deal, Grassley told reporters, citing concerns with...