US Tsy Sec. Mnuchin: meaningful progress was made in the latest China trade talks

Haresh Menghani FXStreet

The US Treasury Secretary Steven Mnuchin, speaking to CNBC this Monday, was noted saying that meaningful progress was made in the latest China trade talks.

Key quotes:

• Discussed lowering tariffs with China.
• To increase US exports to China significantly.
• Having trade dispute with China, not a trade war.
• Could boost energy exports to China under agreement.
• Possible changes to ZTE enforcement under review.
• Expects 2018 economic growth to be very strong.
• Strong USD is good for the US in long-term.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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