"It has not been changed in the translation. I do not know where the rumor came from," Mnuchin said in an interview with Fox News, collected by Europa Press, in which he indicated that the English version of the agreement with China will be published this week.
Thus, the US Secretary of the Treasury has reiterated that the first phase agreement includes the Chinese commitment to acquire US agricultural products in the amount of between 40,000 and 50,000 million dollars (35,955 and 44,943 million euros), raising the total Purchases from the US of all product categories for about 200,000 million dollars (179,756 million euros) in two years.
"This is a great opportunity for our farmers," said Mnuchin. "This is really a historical transaction. It is not absolutely everything, but, as I said, there will be a second phase. Although in this first one we have achieved an extensive commitment to China on issues such as technology, agriculture, financial services, purchases and has also established a real compliance mechanism, "he added.
In this regard, Mnuchin has indicated that the agreement with China includes a provision that will ensure compliance with it and that it grants the US president, Donald Trump, the authority to impose additional tariffs in the event that the terms of the agreement are not respected. treaty.
A Chinese delegation, led by the country's vice premier, Liu He, will travel to Washington on Monday, where he will remain between January 13 and 15 to formalize the signing of the first phase of the trade agreement between China and the United States.
"In response to the invitation from the US, Liu He, head of the Chinese side in the economic negotiations, will lead the delegation that will visit Washington between the 13th and 15th of this month to sign the first phase of the trade agreement with the US", confirmed at a press conference Gao Feng, spokesman for the Ministry of Commerce.
The president of the United States, Donald Trump, had announced last December 31 that the signing of the first phase of the trade agreement with China would take place on January 15 at the White House.
Trump said that "high-level representatives" from China would be present at the event, adding that he will subsequently travel to Beijing to begin talks on the second phase of the agreement.