The phase one trade deal between the U.S. and China set to be signed in Washington, D.C., on Wednesday is likely to be notable not for what it includes, but for what it omits, according to international trade experts, reports NBC News.
The agreement is expected to focus heavily on a reported commitment by China for purchases of $200 billion worth of U.S. farm products and other exports, with much less emphasis on the bigger issues standing between the two countries.
The US Trade Representative said China would also agree to stop forcing US companies to turn over their technology in exchange for Chinese market access.
In a highly unusual move, the administration has not made the actual agreement available ahead of the signing, as is customary — raising some skepticism about the workability of whatever enforcement mechanisms are contained in the text.
Read the full report at NBC News.
