US Treasury Secretary Steven Mnuchin told Fox Business that some progress were made in last week’s deputy-level meetings with China on trade. He also indicated that he would meet Chinese Vice Premier Liu He in two weeks. He added that Chinese purchases of US farm products were “good news”.
The cancellation of Chinese official’s visit to US farms were on request of the US, as Mnuchin confirmed. He noted, “we just decided the timing of the trip wasn’t necessarily the perfect timing, so they’ll be rescheduling that to after our trade meetings.” Still, “it’s a sign of good gesture that they are back at the table buying agriculture.”