U.S. Treasury Secretary Steve Mnuchin told CNBC that he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks.
Treasury Secretary Steven Mnuchin testifies before a Senate Appropriations subcommittee on Capitol Hill in Washington, May 15, 2019.Treasury Secretary Steven Mnuchin told CNBC Wednesday that the U.S. and China were almost there on a trade deal.
He said he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks at the forthcoming Group of 20 meeting this weekend. "I'm hopeful that we can move forward with a plan … President Trump and President Xi have a very close working relationship. We had a productive meeting at the last G-20."
that have been rattled by 18 months of trade tensions between the economic giants and an escalation of tariffs on each other's imports.
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