Mnuchin told reporters on the sidelines of the G20 finance leaders meeting in Japan that the Trump-Xi meeting was the “next important meeting” in the trade dispute. Mnuchin said he did not have specific goals for his discussions on Sunday with Yi, a key member of China’s trade negotiating team. “This is not a negotiating meeting,” Mnuchin said. If we can’t get the right agreement, we will proceed with tariffs,” Mnuchin said. Mnuchin said that the United States wants free, fair and balanced trade with China, in part to close a gaping U.S. trade deficit with China.

Source: bd News24 June 08, 2019 05:15 UTC