Robert Lighthizer Signals More U.S. Caution on China Currency Deal

  • Strikes cooler tone on currency talks than Mnuchin has
  • U.S. hopes China will agree to tougher enforcement means
Lighthizer Says Trump Wants a Fair and Enforceable Trade Deal With China
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The Trump administration is signaling more caution about progress on a currency deal with China, as the two sides have been haggling over a way of enforcing the deal.

“Is there an agreement?” U.S. Trade Representative Robert Lighthizer said Wednesday in his testimony to the House Ways and Means Committee, which has oversight on trade issues. “There’s no agreement on anything until there’s agreement on everything.”