US Treasury Secretary Steven Mnuchin told CNBC that US-China trade agreement is 90% done. And he’s hopeful to move forward with a plan to complete the deal by the end of the year.
He said “We were about 90% of the way there (with a deal) and I think there’s a path to complete this”. And, “the message we want to hear is that they want to come back to the table and continue because I think there is a good outcome for their economy and the U.S. economy to get balanced trade and to continue to build on this relationship.”
Mnuchin also aid “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.” He’s hopeful a deal could be struck by the end of the year but said “there needs to be the right efforts in place.”
