29 Apr 2019
US Tsy Sec Mnuchin: Hope US-China can finalize a trade deal in two more rounds of talks
Treasury Secretary Steven Mnuchin was out with some comments in the last hour, via the Fox Business News, and sounded optimism over the recent US-China trade negotiations.
Key quotes:
• Hope US & China can finalize a trade deal in 2 more round of talks.
• The enforcement mechanism is close to done in the US-China trade talks.
• Chinese espionage issues are separate from trade and economic issues.
• Not concerned about the 10-year yield curve, not worried about recession risk.