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U.S.-China Trade Talks Must Cover Currency
According to Reuters, U.S. Treasury Secretary Steven Mnuchin said on Friday that he told China’s central bank chief that currency issues need to be part of any further U.S.-China trade talks and expressed his concerns about the yuan’s recent weakness.
Mnuchin also told Reuters in an interview that China needs to identify concrete “action items” to rebalance the two countries’ trade relationship before talks to resolve their disputes can resume.
China and the United States discussed a road map for the next stage of their trade talks on Tuesday,... Credit: Reuters - Published - Front PageAlso reported by •SBS •New Zealand Herald •Reuters India •DNA
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