US Treasury Secretary Steven Mnuchin said he hopes to make “substantial progress” on trade negotiations as he arrived in Beijing with Trade Representative Lighthizer today. Mnuchin said “we’ve a meeting here, and then the vice premier and team will be coming back to Washington D.C., and we hope to make substantial progress in these two meetings.”
He added: “I’m not going to comment on specific issues of the discussions… They’ve been quite broad as I’ve said before. We’ve made a lot of progress. We look forward to the meetings here.”
China’s Foreign Ministry said “in recent months, both countries’ economic and trade teams have held many rounds of high-level consultations and achieved much positive progress.” China hopes that both sides can “work hard, exclude disturbances, and reach a mutually beneficial, win-win agreement”.
