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US-China trade deal 'totally done', Trump aide Lighthizer says


The “phase one” US-China trade deal reached on Friday is “totally done” despite the need for translation and will nearly double US exports to China over the next two years, US trade representative Robert Lighthizer said on Sunday.

Speaking on CBS’ Face the Nation, Lighthizer said there would be some routine “scrubs” to the text but “this is totally done, absolutely”.

Friday, Lighthizer claimed, “was probably the most momentous day in trade history ever”.

“That day we submitted the USMCA, the Mexico-Canada Agreement with bipartisan support and support of business, labor, agriculture … It was extremely momentous and indicative of where we’re going, what this president has accomplished.”

Lighthizer also said a claim by Trump that China was committed to buying $50bn of US agricultural goods was “absolutely” in writing as part of the deal.

US attempts to combat cyber threats and technology thefts by China would be part of phase two, he said.

Heralding “86 pages long of detail” and “agricultural barriers removed in many cases, financial services opening, currency”, Lighthizer nonetheless added a note of caution.

“This is a real structural change,” he said. “Is it going to solve all the problems? No. Did we expect it to? No. Absolutely not.”



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