USTR: On Path for Stability With China
U.S. Trade Representative Jamieson Greer said that whether the deal that was just signed with China is a one-year de-escalation, or more, "is in China's hands to some degree." He called the period a confidence-building step, but that if China doesn't do as it promised, then the U.S. has other options.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
"I think the president put us on the path for some stability in that relationship," he said on Fox Business, and said that leaving half the fentanyl tariffs in place gives the U.S. continued leverage.
Greer said the Section 301 investigation launched to see if China kept its promises in the phase one deal is continuing.