<p>China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday.</p>.<p>Mnuchin told Fox News Channel that the deal reached on Dec. 13 still calls for China to buy $40 billion to $50 billion worth of U.S. agricultural products annually and a total of $200 billion of U.S. goods over two years.</p>.<p>"It wasn't changed in translation. I don't know where that rumor started," Mnuchin said on the "Sunday Morning Futures with Maria Bartiromo" show.</p>.<p>"We have been going through a translation process that I think we said was really a technical issue," Mnuchin said. "And the language will be released this week. So I think it is -- the day of the signing, we will be releasing the English version."</p>.<p>"And people can see. This is a very, very extensive agreement," he added.</p>.<p>White House officials had said as late as Friday that the final Chinese text was not yet completed, even as invitations went out to more than 200 people for a Jan. 15 signing event at the White House.</p>.<p>Asked if he still expected China to purchase $40 billion to $50 billion in U.S. farm products under the deal, Mnuchin said: "I do. Let me just say, it is $200 billion of additional products across the board over the next two years, and, specifically in agriculture, $40 billion to $50 billion."</p>.<p>Thus far, Beijing has not confirmed those purchase commitments, and recent government actions https://www.reuters.com/article/us-usa-trade-china-agriculture/hopes-for-spike-in-us-farm-exports-to-china-dim-ahead-of-trade-deal-signing-idUSKBN1Z82CJ in the agriculture industry have raised questions over the $40 billion to $50 billion target cited repeatedly by Trump administration officials.</p>.<p>Chinese officials have been careful not to publicly discuss details of the Phase 1 deal, because Washington has changed its position multiple times during negotiations, three Chinese officials with knowledge of the situation told Reuters last week.</p>.<p>Signing of the trade deal on Wednesday eases Trump's 18-month trade war aimed at altering China's trade and economic practices, but will leave in place tariffs on about $370 billion worth of Chinese imports per year.</p>.<p>Those are expected to be addressed in Phase 2 negotiations, which the Trump administration wants to launch this year, covering thornier issues untouched by the Phase 1 trade deal, including Beijing's heavy subsidies to Chinese state-owned enterprises and restrictions digital trade and cybersecurity issues.</p>
<p>China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday.</p>.<p>Mnuchin told Fox News Channel that the deal reached on Dec. 13 still calls for China to buy $40 billion to $50 billion worth of U.S. agricultural products annually and a total of $200 billion of U.S. goods over two years.</p>.<p>"It wasn't changed in translation. I don't know where that rumor started," Mnuchin said on the "Sunday Morning Futures with Maria Bartiromo" show.</p>.<p>"We have been going through a translation process that I think we said was really a technical issue," Mnuchin said. "And the language will be released this week. So I think it is -- the day of the signing, we will be releasing the English version."</p>.<p>"And people can see. This is a very, very extensive agreement," he added.</p>.<p>White House officials had said as late as Friday that the final Chinese text was not yet completed, even as invitations went out to more than 200 people for a Jan. 15 signing event at the White House.</p>.<p>Asked if he still expected China to purchase $40 billion to $50 billion in U.S. farm products under the deal, Mnuchin said: "I do. Let me just say, it is $200 billion of additional products across the board over the next two years, and, specifically in agriculture, $40 billion to $50 billion."</p>.<p>Thus far, Beijing has not confirmed those purchase commitments, and recent government actions https://www.reuters.com/article/us-usa-trade-china-agriculture/hopes-for-spike-in-us-farm-exports-to-china-dim-ahead-of-trade-deal-signing-idUSKBN1Z82CJ in the agriculture industry have raised questions over the $40 billion to $50 billion target cited repeatedly by Trump administration officials.</p>.<p>Chinese officials have been careful not to publicly discuss details of the Phase 1 deal, because Washington has changed its position multiple times during negotiations, three Chinese officials with knowledge of the situation told Reuters last week.</p>.<p>Signing of the trade deal on Wednesday eases Trump's 18-month trade war aimed at altering China's trade and economic practices, but will leave in place tariffs on about $370 billion worth of Chinese imports per year.</p>.<p>Those are expected to be addressed in Phase 2 negotiations, which the Trump administration wants to launch this year, covering thornier issues untouched by the Phase 1 trade deal, including Beijing's heavy subsidies to Chinese state-owned enterprises and restrictions digital trade and cybersecurity issues.</p>