US-China trade talks progressing quickly: Trump, Mnuchin

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President Donald Trump said on Thursday the United States was doing very well in trade talks with China, but that he could not say whether a final ...

WASHINGTON: U.S. President Donald Trump and Treasury Secretary Steven Mnuchin said on Thursday that discussions with China to end a months-long trade war are progressing quickly, though Trump said he could not say whether a final deal would be reached.

In separate remarks to lawmakers on Thursday, Mnuchin said he expects elements of the discussions to be resolved in the near future, as the two sides pour over a 150-page document they are working on. The United States and China have slapped import duties on each other's products that have cost the world's two largest economies billions of dollars, roiled markets and disrupted manufacturing and supply chains."As to whether or not we'll strike a final deal, that I would never want to say," Trump said on Thursday."If it's not a deal that's a great deal for us, we're not going to make it.

 

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