US trade representative Robert Lighthizer speaks to CNBC
- Says that Korus deal provides for transparency
- Also says that Korus deal has 'teeth' for competitive devaluation
Not giving too much away, but widespread media reports have already guessed that this would be their game plan in targeting China with the tariffs.
He's mainly talking about the Korus deal (South Korea-US deal) that was agreed upon a couple of days back though, and so far nothing more.