The U.S. and China on Monday held a call to review the implementation of the Phase One trade deal. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin were joined by China Vice Premier Liu He on the call.
“Ambassador Lighthizer and Secretary Mnuchin participated in a regularly scheduled call this evening with China’s Vice Premier Liu He to discuss implementation of the historic Phase One Agreement between the United States and China,” USTR’s statement released on Monday said. “The parties addressed steps that China has taken to effectuate structural changes called for by the Agreement that will ensure greater protection for intellectual property rights, remove impediments to American companies in the areas of financial services and agriculture, and eliminate forced technology transfer. The parties also discussed the significant increases in purchases of U.S. products by China as well as future actions needed to implement the agreement. Both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement.”
“The two sides conducted a constructive dialogue on such issues as strengthening bilateral coordination of macroeconomic policies and the implementation of the China-U.S. phase-one economic and trade agreement,” China’s Ministry of Commerce (MOFCOM) statement, translated into English, said. “The two sides agreed to create conditions and atmosphere to continue pushing forward the implementation of the trade deal.”
