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US Treasury Sec. Mnuchin: Had very productive discussion on Tuesday evening with Chinese officials

U.S. Treasury Secretary Steven Mnuchin is now crossing the wires saying that he had a very productive discussion yesterday evening with Chinese officials.

Key quotes (via Reuters)

  • Trump wants to make sure that U.S. has ‘right deal’ with China.
  • Won’t have arbitrary deadline for reaching an agreement with China.
  • U.S., China have agreed to establish enforcement offices, have agreed on enforcement mechanism.
  • Declines to comment on whether tariffs on Chinese goods will come off as part of a deal.
  • EU tariff threats are specific to Airbus subsidies case.
  • U.S. is ‘bright spot’ of economic growth, tariff issues not responsible for slowing global growth.

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