Treasury Secretary Steve Mnuchin initially said Monday that U.S.-China trade talks with Vice Premier Liu He would take place next week in Washington, but later revised his statement to say that it would be the week of October 7.
“I think it is not next week but the following week we will be having those talks,” Mnuchin said in an interview with Fox Business Network, adding that deputy-level negotiations last week had made some progress in easing trade tensions.
Some people closely following the talks said they expect the confab to take place October 10-11.
“We look forward to those conversations,” Mnuchin said Monday on the sidelines of the United Nations General Assembly in New York. “The president has been very clear: if we can get the right deal, he wants the deal,” Mnuchin said. “If we cannot get the right deal, he is happy with the tariffs.”
Mnuchin also said the U.S. had requested China postpone visits to U.S. farms in Montana and Nebraska this week, a development which raised anxiety about the trade talks.
Word that the talks are scheduled has eased some concerns on the U.S.-China trade front, but have not totally removed concerns given the history of how quickly this issue can shift.
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