Quantcast

Ross says U.S., China must still address 'big ticket' items


Reuters


WASHINGTON, July 17 (Reuters) - The United States and China still have to work through major issues to reach any trade agreement, including intellectual property theft, structural reforms and subsidies, U.S. Commerce Secretary Wilbur Ross said on Thursday.

"There's another - in some ways even bigger issue, and that is what is: the U.S. enforcement capability in the event that they violate the agreements," Ross told Fox Business Network in an interview.

"This is a long, involved process," he added.

The United States could also face Chinese sanctions after a World Trade Organization ruling on Tuesday.

On Wednesday, a gauge of global stocks declined for a second straight session amid the concerns over U.S-China trade. U.S. Treasury yields also fell.






This article appears in: Politics , World Markets , Stocks , Economy



More from Reuters

Subscribe







See Reuters News













Research Brokers before you trade

Want to trade FX?