White House Holding China Accountable to Trade Deal Amid Coronavirus Outbreak
A Chinese official recently suggested that Beijing might need some ‘wiggle room’ to fulfill its commitments under the ‘Phase 1’ trade deal.
Now, the Treasury Department is hinting that this might not be an option, and that the US expects the Chinese to honor their commitments.
Citing comments from an anonymous ‘senior Treasury official’ (possibly Mnuchin himself), Reuters reports that the US government expects China to honor its commitments, to which it agreed late last year, around the same time that the virus first emerged in Wuhan.
The report arrives just days after the IMF