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Bannon: “It’s only phase one, but directionally this thing is powerful.”
The U.S. is considering 100% tariffs on some French goods in response to France's digital tax.
Both sides have said they've been waiting for text of the agreement to be translated.
"We find the impact from the traditional import protection channel is completely offset in the short-run."
Beijing insists that its farm purchases will be based on consumer demand and market prices.
The latest step is intended to “promote the coordinated development of trade and environment."
Lighthizer said the agreement addressed one of the key concerns: Ensuring that a deal can be enforced.
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