U.S. Commerce Secretary Wilbur Ross will travel to China next week to help finalize a trade agreement after Washington and Beijing reached an initial framework last week, U.S. Treasury Secretary Steven Mnuchin said on Monday, Reuters reports.
“Secretary Ross has to go over and turn that into a signed piece of paper with companies,” Mnuchin told reporters at the White House. “This is not a government-to-government purchase order, but we have an agreement with them as to what will be executed.”