Photo: Jabin Botsford/The Washington Post via Getty Images

China has agreed to "substantially reduce" its trade imbalance with the United States after trade deliberations this week in Washington led by Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, according to a joint statement from the two countries.

What's missing: The statement didn't include many details on how exactly both sides to achieve that goal — just that China simply plans to "significantly increase purchases of United States goods and services." The statement also didn't include any mention of Chinese phonemaker ZTE, which has become a flash point in China-U.S. trade relations over the past week.

Flashback: Earlier this month, an envoy led by Treasury Secretary Steven Mnuchin was in Beijing to negotiate terms of a trade deal, in hope to avoid an all-out trade war. The primary requirement was to decrease the trade deficit with China by $200 billion by 2020.

What's next: "Both sides agreed to continue to engage at high levels on these issues and to seek to resolve their economic and trade concerns in a proactive manner."

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Steve Scalise PAC invites donors to fundraiser at Disney World

Photo: Kevin Lamarque-Pool/Getty Images

House Minority Whip Steve Scalise’s PAC is inviting lobbyists to attend a four-day “Summer Meeting” at Disney World's Polynesian Village in Florida, all but daring donors to swallow their concern about coronavirus and contribute $10,000 to his leadership PAC.

Why it matters: Scalise appears to be the first House lawmakers to host an in-person destination fundraiser since the severity of pandemic became clear. The invite for the “Summer Meeting” for the Scalise Leadership Fund, obtained by Axios, makes no mention of COVID-19.

The coronavirus is ushering in a new era of surveillance at work

Illustration: Sarah Grillo/Axios

As companies continue to prepare for the return of their employees to the workplace, they're weighing new types of surveillance in the name of safety.

Why it matters: Just as the coronavirus pandemic has acted as an accelerant for the adoption of remote work, it has also normalized increased surveillance and data collection. In the post-pandemic workplace, our bosses will know a lot more about us than they used to.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 6 p.m. ET: 11,712,663 — Total deaths: 540,582 — Total recoveries — 6,381,954Map.
  2. U.S.: Total confirmed cases as of 6 p.m. ET: 2,981,602 — Total deaths: 131,238 — Total recoveries: 924,148 — Total tested: 36,225,015Map.
  3. 2020: Biden releases plan to strengthen coronavirus supply chain.
  4. Public health: Fauci says it's a "false narrative" to take comfort in lower coronavirus death rate — Deborah Birx: Some Southern states "stepped on the gas" when reopening.
  5. World: Brazil's President Bolsonaro tests positive— India reports third-highest case count in the world.