US Chamber of Commerce Executive Vice President Myron Brilliant welcomed the phase one US-China trade deal. He said there is “clearly a sigh of relief from both sides” with the agreement. Also, “implementation of Phase 1 will be important to building trust and certainty, building off the success of the negotiation”.
Nevertheless, he emphasized it’s important that the two sides demonstrate a commitment to moving forward on the Phase 2 negotiations”. “Significant challenges” remain regarding the core structural issues.