US Treasury Sec Mnuchin: Agriculture is first up in China trade negotiations
|In an interview with Fox Business, the U.S. Treasury Secretary Steven Mnuchin said that agriculture was first up in trade negotiations with China.
Key quotes (via LiveSquawk)
- We cannot accomplish everything in 90 days but these will be real agreements with the two countries.
- Regarding USCMA, cites that this is very good agreement .
- Trump will end NAFTA if the Congress does not pass USMCA.
- US trade negotiators will update Trump weekly.
- Agreement that there will have to be certain punishments if China does not meet timelines.
- This has to be about structural changes.
- Commitments in near-term including LNG and agriculture.
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