US Treasury Sec. Mnuchin: Expect January trade talks with China - Bloomberg
|In an interview with Bloomberg late-Tuesday, the US Treasury Secretary Steve Mnuchin noted that the US and China are considering holding a meeting next month to “document an agreement” on trade.
Key Quotes:
“We’re in the process of confirming the logistics of several meetings and we’re determined to make sure that we use the time wisely, to try to resolve this.”
Both sides are now focused on trying “to document an agreement” by the deadline.
“We expect there will be meetings in January,”
Neither he nor Trump were aware of the arrest of a senior Huawei Technologies executive when they met with Xi in Buenos Aires, and said China understands that the trade talks and Huawei issues “are separate tracks.”
Reducing the U.S. trade deficit with China was still a major priority for Trump.
“I foresee myself here at least through the first term and if the president wants me here for a second term when he’s re-elected, I would seriously entertain that.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.