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Mnuchin: There were “very good conversations” with China

US Treasury Secretary Steven Mnuchin, now in Beijing on the second day of trade talk with China, said there were “very good conversations”. But he didn’t made any further comments.

Meanwhile, Mark Calabria, chief economist to U.S. Vice President Mike Pence, commented on the US-China trade negotiations in Washington. He said that the “full day of negotiations” has been “fairly positive”. There were “pretty positive things” from China. But “the question question is whether they will actually do them”.

The official China Daily newspaper said in an editorial that “acceptable agreements can be reached if both sides have realistic expectations of their give and take.” The usually hawkish Global Times said that “since both sides have their bottom lines to keep, it may be hard to reach a deal, but it is good to start somewhere.”

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