Professor of Law : Georgetown University, and Director, Institute of International Economic Law

US, China reach partial agreement on trade

 

Image of three financial leaders standing in front of Chinese and American flags
Photo: Johannes Eisele/Agence France-Presse/Getty Images

President Trump has agreed to a limited trade agreement with Beijing that will roll back existing tariff rates on Chinese goods and cancel new levies set to take effect Sunday as part of a deal to boost Chinese purchases of U.S. farm goods and obtain other concessions.  (WSJ story is here).

Former USTR Mike Froman, has, however, offered some criticism, characterizing it as a purchase and sale agreement failing to address America’s substantive concerns with China’s trade practices.

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