With the US lawmakers including trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are in Beijing for final trade negotiations, news reports on the US-China trade deal are on the wires.
The latest one from The New York Times spots leading American business group while saying that the deal is expected to fall short of addressing several key Trump administration goals, including combating Chinese cybertheft and state subsidies at various levels of the Chinese government.
The report also states that the trade deal is expected to include renewed commitments from China to strengthen its protection of intellectual property, greater access to Chinese markets for firms in the automotive, banking, insurance and securities industries, commitments from China on increased transparency in how it manages its currency, and large purchases of American products, including soybeans and natural gas, among other provisions.
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