US Treasury Secretary Steven Mnuchin is now in Beijing with Trade Representative Robert Lighthizer for trade negotiations. The high-level meeting with Chinese Vice Premier Liu He will start tomorrow. Ahead of that, Mnuchin said he hoped to have “productive meetings”, without any elaborations.
Trump, on the other hand, said yesterday that he could let the March 1 trade truce deadline “slide for a little while” if “we’re close to a deal”. But he added that “generally speaking, I’m not inclined to do that.”
Separately, it’s reported that Chinese President Xi Jinping may meet Mnuchin and Lighthizer on Friday.
