China’s Commerce Ministry said in a statement on Thursday, Washington and Beijing should work together to create conditions for the implementation of the phase one trade deal.

This comes after Bloomberg report earlier on, “China’s goods imports from the US have only reached about 53% of the $200 billion worth of additional products and services it promised to buy under the trade deal signed last year.”

Market reaction

Amid growing China Evergrande worries, the US-Sino trade deal anxiety adds to the downside in the aussie.

AUD/USD is trading at 0.7486, down 0.37% on the day, at the time of writing. The spot hit multi-month highs at 0.7547 in early Asia.