US Treasury Secretary Steven Mnuchin confirmed to CNBC that he will travel to China for a trade meeting with Trade Representative Robert Lighthizer next week. Mnuchin noted “there are a lot of issues” but he expected another meeting would follow in Washington afterwards. And, “hopefully we’ll continue to progress”.
The two-day meeting that starts on Tuesday will be held in Shanghai. Mnuchin noted the symbolism of the location, the Shanghai Communique of 1972 was considered an important step in normalizing relations between the U.S. and China.
