U.S. Treasury Secretary Mnuchin: There will be additional tariff rollbacks in Phase Two of China trade deal

Market news

15 January 2020

U.S. Treasury Secretary Mnuchin: There will be additional tariff rollbacks in Phase Two of China trade deal

Phase One trade deal has very thorough enforceable mechanism
China has agreed to put together very significant laws to follow through on its commitments
Certain tech and cybersecurity issues will be in Phase Two of the trade deal
Phase One trade deal is a very complicated agreement
It is worth it even if there is no Phase Two agreement

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