US Treasury Sec Mnuchin: US couldn't be more pleased with China deal

Dhwani Mehta FXStreet

US Treasury Secretary Mnuchin is on the wires now, via Reuters, throwing fresh light on the US-China trade deal while speaking at the World Economic Forum (WEF) in Davos.

Key Quotes:

US focused on Phase One deal implementation over the next 30 days.

There are no deadlines for Phase Two deal.

Phase Two China trade deal can be done before or after election.

Trump tariffs have been a big incentive in getting a deal done with China.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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