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.”
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