The U.S. and China have signed a new trade deal which will increase sales of U.S. goods to China.
The plan also will benefit companies operating in China by protecting their intellectual property and opening more Chinese markets in the financial sector.
For more on what this agreement will do,KCBS Radio news anchors Jeff Bell and Margie Shafer spoke with Jeffrey Schott, Senior Fellow at the Peterson Institute for International Economics in Washington, D.C.