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Apr 29, 2019
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Mnuchin optimistic about latest trade talks with China

Mnuchin optimistic about latest trade talks with China

U.S. Treasury Secretary, Steven Mnuchin, told Fox News he thinks the United States and China can finalize a trade deal with two more rounds of talks. Mnuchin also said the part of the negotiations aimed at enforcement is close to finished. Another round of talks is planned for next month in Washington. 

“We still have more work to do,” Mnuchin said. “I think there is a strong desire from both sides to see if we can wrap this up or move on.” We hope within the next two rounds, in China and in DC, to get to the point where we can either recommend to the president that we have a deal or recommend that we don’t,” he added

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Allana's AvatarAllana|Expert

Financial analyst and market blogger with expertise in equity research, fundamental analysis, and macroeconomic trends. I regularly publish coverage on individual stocks, ETFs, and sector developments — combining rigorous financial analysis with clear, engaging writing for a broad investment audience.

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CHINA FUND INC is a non-diversified, closed-end management investment company. Its investment objective is a long-term capital appreciation which it seeks to achieve by investing in equity securities with trading in China and outside China. It invests in various industries such as Insurance, Entertainment, Machinery, Electrical Equipment, Beverages, Hotels, Restaurants, and Leisure among others.
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