Here the full list of everything covered by Trump's phase-one trade deal with China | Markets Insider

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Here the full list of everything covered by Trump's phase-one trade deal with China | Markets Insider
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Here the full list of everything covered by Trump's phase-one trade deal with China

President Donald Trump unveiled an interim trade agreement with China last week, marking a major de-escalation in trade tensions in the global economy.

The 86-page text of the agreement is expected to be signed in January following routine legal checks and a translation process. But it did not resolve all of the issues in a more than yearlong trade dispute between the two sides. The US also canceled plans to target all additional imports including electronics and toys. China suspended a pledge to retaliate in-kind.The Trump administration said China agreed to buy more from the US agricultural, manufacturing, energy and services sectors. That would lead to $200 billion worth of additional American exports within the next two years, according to the Office of the US Trade Representative.

"We can take action," the official said."It could be potentially in the form of tariffs, but we have the ability to take that action if they are not."The USTR said the trade agreement would also ease pressure on foreign companies to hand over technology in order to access the Chinese market. But that pledge was seen as the result of new foreign investment legislation, which has been criticized for potential loopholes.

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