Economics
What’s in the U.S.-China Phase One Deal and What’s Still Missing
- Pact contains binding forced tech transfer commitments
- Deal has a dispute-resolution mechanism for enforcement
A tugboat guides a cargo ship into the Port of Long Beach in California.
Photographer: Tim Rue/BloombergThis article is for subscribers only.
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The U.S. and China announced Friday that they reached a phase-one trade deal but provided little detail on what exactly will be part of the agreement.