Economics
U.S. Hints at China Truce as World Warns of Trade-War Threat
- Treasury’s Mnuchin considers China trip amid trade dispute
- China’s Commerce Ministry confirms U.S. has requested visit
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U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing.
Mnuchin said he’s “cautiously optimistic” of reaching an agreement with China that bridges their differences over trade.