class="post-template-default single single-post postid-302486 single-format-standard group-blog masthead-fixed full-width singular wpb-js-composer js-comp-ver-5.4.7 vc_responsive"
Treasury secretary says US open to talks with China | KRVN Radio

Treasury secretary says US open to talks with China

Treasury secretary says US open to talks with China

WASHINGTON D.C.-Treasury Secretary Steven Mnuchin says the Trump administration is talking with Chinese officials and is willing to negotiate to resolve the trade dispute. But he says President Donald Trump will remain steadfast on protecting U.S. economic interests.

Mnuchin tells CNBC, “We’re absolutely willing to negotiate.” Mnuchin says in the interview that U.S. officials are in communication with the Chinese. But he adds, “On the other hand, the president is absolutely prepared to defend our interests.” He says those interests include protecting U.S. farmers.

The treasury secretary acknowledges that the escalation of tensions between the two countries has brought “the potential of a trade war.” But he says the current standoff is not the beginning of a trade war, and that he’s “cautiously optimistic that we’ll be able to work this out.”

© 2018 Nebraska Rural Radio Association. All rights reserved. Republishing, rebroadcasting, rewriting, redistributing prohibited. Copyright Information
Share:
Comments