Read the full US-China phase one trade deal

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It's official: The top trade negotiators from the U.S. and China on Wednesday signed a long-awaited historic phase one trade deal in Washington.

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READ THE FULL TEXT OF THE DEAL

Steven Mnuchin, speaking to FOX Business' Lou Dobbs ahead of the signing, commended Trump for being the first president to negotiate such a historic trade deal. In addition to it being a significant trade deal for America, Mnuchin said he believes it can be a good deal for China, too.

US, CHINA SIGN HISTORIC PHASE ONE TRADE DEAL

"They've got a large, growing middle-class, and if our companies can compete fairly, selling things to that middle class, that's a huge, growing market for our workers," Mnuchin said.

Read the full agreement: 

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