Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement on phase one of the U.S.-China trade deal:
“Addressing China’s lengthy track record of predatory commercial practices - including intellectual property theft, forced technology transfer and economic espionage - is critical for American workers. The stakes could not be higher for the future of the U.S. economy. While I want this deal to resolve our fundamental concerns with China, I fear that its limited scope, the lack of transparency in its development and the weak enforcement mechanism mean it will amount to little more than words on paper."
