Site icon Southern Business Review

Steven Mnuchin says trade talks 'very productive' so far, confirms he's headed to Beijing next week

Treasury Secretary Steven Mnuchin expressed confidence in the progress of trade talks with China and said he and a U.S. delegation are heading to China next week with intent to make a March deadline.

“We are committed to continue these talks,” Mnuchin said Wednesday morning on CNBC’s “Squawk Box.” “We’re putting in an enormous amount of effort to hit this deadline and get a deal. That’s our objective.”

The White House has set a March 2 deadline to iron out myriad issues with Chinese over trade.

In particular, the administration is looking for concessions on the ability of U.S. companies to sell in China, to stop the theft of intellectual property and other structural issues.

This is breaking news. Please check back here for updates.

Exit mobile version