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Mnuchin: US, China has almost reached trade agreement

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in business reporting. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

United States Treasury Secretary Steven Mnuchin has informed in an interview with CNBC that the US and China to conclude a trade agreement soon.

“We are almost 90 percent close to the agreement and I feel there is a way to solve it,” Mnuchin said in an interview with the news channel.

US President Donald Trump and his Chinese counterpart Xi Jinping will meet at the G20 conference in Hong Kong this week in an attempt to ease the 11-month war trade between the two countries.

On separate developments on US sanctions against Iran, Mnuchin informed that sanctions imposed were successful in playing the role.

Read also: More than 600 US companies demand Trump to resolve trade dispute with China

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