Documents to be released Wednesday will show skeptics that a Phase 1 U.S.-China ...
WASHINGTON - Documents to be released Wednesday will show skeptics that a Phase 1 U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S. Treasury Secretary Steven Mnuchin said Tuesday.
“Tomorrow we’ll be releasing the documents and people will be able to see there’s a very detailed dispute resolution process,” Mnuchin told Fox Business Network. “This is an enforceable agreement just as the president dictated it would be.” “There’s no side agreements. The only way the president will be reducing the tariffs is if there is a Phase 2 part of the agreement that is also fully enforceable,” he said.
Lighthizer on Monday conceded the translation was not yet complete, but said it was nearly done and would be released on Wednesday before the signing.
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