The transcript discusses the potential signing of a phase one trade deal between the US and China, which may not address all key concerns but includes China's agreement to purchase $50 billion in US farm goods. Lower-level officials are in talks, and high-level discussions may occur soon. Commerce Secretary Wilbur Ross emphasizes the importance of details over signing quickly. Additionally, there is concern over US investments in Chinese companies, with lawmakers like Marco Rubio worried about human rights and national security issues. The White House is also considering measures to curb investment flows into China.

What concerns does the White House have regarding portfolio flows into China?

How is the relationship between the US and China described in the context of human rights and national security?