BREAKING NEWS Purdue men's basketball beats Indiana, 67-58 Full Story
SEVERE WX : Flood Warning View Alerts

Trump says Mnuchin will visit China for trade talks 'in a few days'

President Donald Trump says he's sending some of his top economic advisers to China "in a few days" for talks on the ...

Posted: Apr 25, 2018 1:08 PM
Updated: Apr 25, 2018 1:08 PM

President Donald Trump says he's sending some of his top economic advisers to China "in a few days" for talks on the simmering trade tensions between the world's two largest economies.

Trump said Tuesday that the delegation will include Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer.

Trade tensions have skyrocketed this year between the United States and China. The two sides have already imposed tariffs on some of each other's exports and are threatening to dramatically expand the measures to tens of billions of dollars of other goods.

Related: US-China trade tensions are escalating again

The clash has fueled fears of a trade war and shaken financial markets, but Trump expressed optimism Tuesday about the planned talks. "I think we've got a very good chance of making a deal," he said.

He cautioned, though, that without an agreement, the US government will press ahead with planned tariffs on as much as $150 billion worth of Chinese products. China has warned it will respond to any US measures with sanctions of its own on American exports, including soybeans, cars and aircraft.

Officials haven't yet provided details on when exactly Mnuchin and others will travel to China or whom they will meet.

Mnuchin said Saturday that a trip to China was "under consideration" and that he was "cautiously optimistic" that the US government can broker a trade deal with Beijing. The Chinese government said Sunday that it welcomes Washington's "willingness to hold bilateral trade talks."

The Chinese Commerce Ministry didn't immediately respond to a request for comment Wednesday following Trump's comments about the imminent visit.

Related: US-Europe trade fight could ignite next week without steel tariff deal

Mnuchin has previously discussed the trade tensions between the two countries with Chinese President Xi Jinping's top economic adviser, Liu He.

Xi pledged in a speech earlier this month that China would make a number of changes that would address some of the grievances the US government has raised about Chinese trade and investment policies.

Many of those moves were ones China had already promised in some form, though. And experts say it will be tough to negotiate a deal that tackles the thornier economic issues between the two countries, such how China gets its hands on American technology.

-- Kevin Liptak, Donna Borak, Serenitie Wang and Steve Brusk contributed to this report.

Lafayette
Partly Cloudy
52° wxIcon
Hi: 50° Lo: 25°
Feels Like: 52°
Kokomo
Partly Cloudy
44° wxIcon
Hi: 45° Lo: 24°
Feels Like: 39°
Rensselaer
Partly Cloudy
45° wxIcon
Hi: 48° Lo: 22°
Feels Like: 42°
Lafayette
Partly Cloudy
52° wxIcon
Hi: 49° Lo: 24°
Feels Like: 52°
Danville
Partly Cloudy
48° wxIcon
Hi: 50° Lo: 25°
Feels Like: 45°
Frankfort
Partly Cloudy
45° wxIcon
Hi: 48° Lo: 23°
Feels Like: 45°
Frankfort
Partly Cloudy
45° wxIcon
Hi: 46° Lo: 23°
Feels Like: 45°
Monticello
Partly Cloudy
46° wxIcon
Hi: 48° Lo: 23°
Feels Like: 42°
Monticello
Partly Cloudy
46° wxIcon
Hi: 49° Lo: 24°
Feels Like: 42°
Logansport
Partly Cloudy
43° wxIcon
Hi: 46° Lo: 24°
Feels Like: 39°
Dry, mild conditions continue.
WLFI Radar
WLFI Temps
WLFI Planner

Indiana Coronavirus Cases

Data is updated nightly.

Cases: 665285

Reported Deaths: 12697
CountyCasesDeaths
Marion910581653
Lake48637887
Allen36050641
Hamilton32231398
St. Joseph30243514
Elkhart25484420
Vanderburgh21315382
Tippecanoe20185205
Johnson16425361
Porter16053276
Hendricks15899301
Clark12032182
Madison11779321
Vigo11672231
Monroe10394164
Delaware9879179
LaPorte9821198
Howard9095199
Kosciusko8588111
Bartholomew7504147
Warrick7445153
Hancock7439134
Floyd7255172
Wayne6654192
Grant6453157
Boone611991
Morgan6118126
Dubois5933112
Dearborn550669
Cass5477100
Marshall5446105
Henry542695
Noble510978
Jackson465567
Shelby462591
Lawrence4193113
Gibson404985
Harrison402764
Clinton397053
Montgomery390584
DeKalb387178
Knox357885
Miami357863
Whitley350638
Huntington348377
Steuben339855
Wabash333076
Putnam331960
Ripley327862
Adams325149
Jasper318443
White298052
Jefferson295974
Daviess285696
Fayette272656
Decatur271388
Greene262280
Posey261432
Wells258975
Scott251450
LaGrange242170
Clay241444
Randolph225877
Spencer219330
Jennings216344
Washington213027
Sullivan203639
Fountain202542
Starke189251
Owen183453
Fulton179637
Jay178528
Carroll176919
Perry173836
Orange171351
Rush165422
Vermillion161542
Franklin159735
Tipton149241
Parke140116
Pike128433
Blackford120627
Pulaski107544
Newton96732
Brown95240
Benton92413
Crawford92113
Martin80314
Warren75914
Switzerland7558
Union67510
Ohio54111
Unassigned0434

COVID-19 Important links and resources

As the spread of COVID-19, or as it's more commonly known as the coronavirus continues, this page will serve as your one-stop for the resources you need to stay informed and to keep you and your family safe. CLICK HERE

Closings related to the prevention of the COVID-19 can be found on our Closings page.

Community Events