China's trade deal commitments not changed in translation, says US Treasury Secretary Mnuchin

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WASHINGTON (REUTERS) - China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, US Treasury Secretary Steven Mnuchin said on Sunday (Jan 12).. Read more at straitstimes.com.

WASHINGTON - China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, US Treasury Secretary Steven Mnuchin said on Sunday .

"It wasn't changed in translation. I don't know where that rumor started," Mnuchin said on the"Sunday Morning Futures with Maria Bartiromo" show. "And the language will be released this week. So I think it is - the day of the signing, we will be releasing the English version."White House officials had said as late as Friday that the final Chinese text was not yet completed, even as invitations went out to more than 200 people for a Jan 15 signing event at the White House.

Thus far, Beijing has not confirmed those purchase commitments, and recent government actions in the agriculture industry have raised questions over the US$40 billion to US$50 billion target cited repeatedly by Trump administration officials.

 

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