An official for the U.S. Department of Treasury recently crossed the wires announcing Treasury Secretary Mnuchin will see the Chinese delegation at the G20 finance meeting but added that it wasn’t yet confirmed whether a U.S.-China bilateral meeting will take place.
Key quotes (via Reuters)
- Sees some scope for some G20 countries, including Germany, to take growth-enhancing measures.
- Trump administration intends to make commerce department currency provisions on anti-subsidy duties consistent with treasury currency legislation.
- U.S. currency plan will not make central bank monetary policy actions subject to countervailing duties.
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