The head of the US Treasury believes that trade negotiations with China are nearing completion

US Treasury Secretary Steven Mnuchin believes that trade talks between Washington and Beijing are approaching the final stage. This opinion, according to the newspaper The New York Times, the head of the American Ministry of Finance expressed, speaking on Sunday at a conference in Los Angeles.

“We are entering the final round,” said Mnuchin. – I believe that both sides want to reach an agreement. We have made great progress.” At the same time, he also stressed that at the moment “some important questions remain open.”

Earlier it was reported that Mnuchin and US trade negotiator Robert Lighthizer this week will go to Beijing, where April 30 will continue negotiations on trade relations between the US and China. On the part of the PRC, Deputy Prime Minister of the State Council of China Liu Khe headed the talks. He will also head the Chinese delegation on a trip to Washington for additional talks, which will begin on May 8.

Earlier it was reported that the Chinese authorities and the US government continue to successfully support the dialogue on the settlement of trade and economic issues, but contradictions and unfinished work still exist. As indicated by Bloomberg, Chinese President Xi Jinping and US President Donald Trump can sign a trade agreement during the summit in Japan, which is scheduled for May. According to the Wall Street Journal, the event may take place in late May or early June.

Author: Flyn Braun
Graduated from Cambridge University. Previously, he worked in various diferent news media. Currently, it is a columnist of the us news section in the Free News editors.
Function: Editor