“An effective enforcement mechanism will define the deal,” Tim Stratford, chairman of the American Chamber of Commerce (AmCham), told Reuters.
“The deal doesn’t need to revamp China’s economy. But it does need to provide a new methodology for dealing with our differences,” said Stratford, a lawyer and former assistant U.S. Trade Representative who has worked in China for more than three decades.
“This is incredibly high stakes. We have a particular window of opportunity, and a lot in the future of U.S.-China relations rests on this,” he said.