Sep
12

U.S. Asks China for New Round of Trade Talks Led by Mnuchin

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  • Trump hasn’t yet issued $200 billion round of tariffs
  •  President has threatened to tax nearly all Chinese goods

The U.S. government has proposed another round of trade talks with Beijing to avoid further escalation in Donald Trump’s trade war with China, the president’s top economic adviser said. U.S. equities rose on expectations the development could ease growing tensions.

Senior officials led by Treasury Secretary Steven Mnuchin recently extended the invitation to counterparts in China, said three people familiar with the matter, speaking on condition of anonymity. One of the people said the talks, if agreed to by the Chinese, are likely to take place in Washington…

U.S. Asks China for New Round of Trade Talks Led by Mnuchin

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