Treasury Secretary Mnuchin Discusses U.S-China “Phase-One” Trade Reforms – Compliance Standards…

U.S. Treasury Secretary Steven Mnuchin appears on FOX Business to discuss the U.S-China ‘phase-one’ trade agreement, the benefits, enforcement mechanisms in addition to retention of tariffs in addition to particular sanctions until compliance can be reviewed.

Phase-1 establishes the baselines; resets the ability of U.S. companies to enter China; establishes rules for market entry; in addition to sets the parameters for enforcement.  Any future phase will be contingent upon evaluation of phase-one enforcement mechanisms.

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