The US Treasury Secretary Steven Mnuchin, speaking to CNBC this Monday, was noted saying that meaningful progress was made in the latest China trade talks.
Key quotes:
“¢ Discussed lowering tariffs with China.
“¢ To increase US exports to China significantly.
“¢ Having trade dispute with China, not a trade war.
“¢ Could boost energy exports to China under agreement.
“¢ Possible changes to ZTE enforcement under review.
“¢ Expects 2018 economic growth to be very strong.
“¢ Strong USD is good for the US in long-term.