Mnuchin: U.S., China 'getting close to the final round' in trade talks

Steven Mnuchin.
(Image credit: Zach Gibson/Getty Images)

Treasury Secretary Steve Mnuchin said on Saturday that the United States and China are progressing in trade talks.

The two sides are reportedly "getting close to the final round of concluding issues." Mnuchin and U.S. Trade Representative Robert Lighthizer will reportedly have two telephone calls with their Chinese counterparts this week. He also said that the potential agreement would go "way beyond" any previous efforts to open China's markets to U.S. companies and would also limit China's ability to manipulate its currency.

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Tim O'Donnell

Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.