Treasury Secretary Steven Mnuchin said Saturday the U.S. and China are continuing to make progress on trade talks and “getting close to the final round of concluding issues.”
Mnuchin said he and U.S. Trade Representative Robert Lighthizer would have two telephone calls this coming week with their Chinese counterparts to work on a narrowing set of issues. He added that the officials are “discussing whether more in-person meetings are necessary.”
Speaking to reporters at the conclusion of the spring meetings of the International Monetary Fund and World Bank in Washington, Mnuchin said China and the U.S. had agreed their deal will have “real enforcement on both sides, including a detailed enforcement office on both sides with significant resources.”
Mnuchin has made several statements this week about the progress toward finding a framework for enforcement and an agreement that would limit China’s ability to manipulate its currency.
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