U.S. Treasury Secretary Mnuchin hopes for ‘substantial progress’ in China trade talks

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U.S. Treasury Secretary Mnuchin hopes for ‘substantial progress’ in China trade talks
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U.S. Treasury Secretary Mnuchin hopes for ‘substantial progress’ in China trade talks GlobeBusiness

U.S. Treasury Secretary Steven Mnuchin said Tuesday he hopes for “substantial progress” in talks with Chinese officials aimed at ending a tariff war over Beijing’s technology ambitions.

President Donald Trump raised U.S. duties on $250-billion of Chinese imports in response to complaints Beijing steals or pressures companies to hand over technology. Mnuchin told Fox Business Network that an enforcement mechanism just “needs a little bit of fine tuning.”

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