U.S. Treasury Secretary Steven Mnuchin said on Wednesday he will likely travel to Beijing soon to continue negotiations with Chinese counterparts as the world’s two biggest economies try to salvage talks aimed at ending their months-long trade war.
Mnuchin did not elaborate on the timing of future negotiations, but told lawmakers at a Senate Appropriation subcommittee hearing that recent discussions with Chinese officials in Washington were constructive.
“My expectation is that we will go to Beijing at some point in the near future to continue those discussions,” he said. “We’re continuing discussions. There’s still a lot of work to do.”
via Reuters
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Alfonso Esparza