U.S., China have agreed on enforcement mechanism for any trade deal

U.S., China have agreed on enforcement mechanism for any trade deal

Treasury Secretary Steven Mnuchin says the U.S. and China

have found a way to enforce agreements made in a trade deal.

In an interview with CNBC Wednesday, Mnuchin said officials

have agreed on an enforcement mechanism and both countries will establish

enforcement offices.

Enforceability over intellectual property and other

non-tariff barriers has remained a sticking point during trade talks.

Mnuchin says trade officials are hopeful a deal can be reached soon but they are not going to set a deadline.

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