Phase 2 of China trade deal to address certain tech issues: U.S. Treasury Secretary

FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin walks to a working breakfast at the G7 Summit in Biarritz, France, August 25, 2019. Erin Schaff/Pool via REUTERS

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday that some technology and cybersecurity issues will be resolved in the next chapter of a deal to end the trade war between the United States and China.

“I think a very significant amount of the technology issues are in Phase 1. There are other certain areas of services away from financial services that will be in Phase 2. There are certain additional cybersecurity issues that will be in Phase 2,” Mnuchin told CNBC as the two countries were poised to sign the first phase of the deal.

“There still more issues to deal with and we’ll address those.”

Reporting by Andrea Shalal and Susan Heavey; Writing by Lisa Lambert; Editing by Alison Williams

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