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26.06.2019, 09:39

US Treasury secretary Mnuchin says US-China trade deal is 90% complete

Treasury Secretary Steven Mnuchin told that the U.S. and China were almost there on a trade deal. “We were about 90% of the way there (with a deal) and I think there’s a path to complete this,” he told.

He said he’s confident President Donald Trump and Chinese President Xi Jinping can make progress in stalled trade talks at the forthcoming Group of 20 (G-20) meeting this weekend. 

“The message we want to hear is that they want to come back to the table and continue because I think there is a good outcome for their economy and the U.S. economy to get balanced trade and to continue to build on this relationship.

Mnuchin said he was hopeful a deal could be struck by the end of the year but said “there needs to be the right efforts in place.”

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