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.

West Lafayette
Clear
74° wxIcon
Hi: 84° Lo: 58°
Feels Like: 74°
Kokomo
Clear
73° wxIcon
Hi: 81° Lo: 57°
Feels Like: 73°
Rensselaer
Clear
72° wxIcon
Hi: 80° Lo: 56°
Feels Like: 72°
Fowler
Clear
72° wxIcon
Hi: 81° Lo: 58°
Feels Like: 72°
Williamsport
Clear
72° wxIcon
Hi: 83° Lo: 57°
Feels Like: 72°
Crawfordsville
Clear
70° wxIcon
Hi: 82° Lo: 59°
Feels Like: 70°
Frankfort
Scattered Clouds
75° wxIcon
Hi: 82° Lo: 58°
Feels Like: 75°
Delphi
Clear
73° wxIcon
Hi: 82° Lo: 56°
Feels Like: 73°
Monticello
Clear
73° wxIcon
Hi: 81° Lo: 57°
Feels Like: 73°
Logansport
Clear
73° wxIcon
Hi: 81° Lo: 56°
Feels Like: 73°
WLFI Radar
WLFI Temps
WLFI Planner

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 51612

Reported Deaths: 2760
CountyConfirmedDeaths
Marion12074693
Lake5650249
Elkhart361860
Allen2952134
St. Joseph214869
Hamilton1708101
Cass16459
Hendricks1466100
Johnson1345118
Porter84038
Tippecanoe7799
Vanderburgh7686
Clark71144
Madison67864
LaPorte62328
Howard60758
Bartholomew60145
Kosciusko5824
Marshall5579
Noble52028
Boone49144
LaGrange48610
Jackson4783
Delaware47552
Hancock46836
Shelby45925
Floyd41444
Monroe34828
Morgan34531
Grant32226
Dubois3096
Montgomery29820
Henry29618
Clinton2903
White27610
Dearborn26523
Warrick26129
Vigo2588
Decatur25632
Lawrence25225
Harrison21822
Greene19632
Miami1942
Jennings17912
Putnam1738
DeKalb1694
Scott1659
Wayne1586
Daviess15117
Perry14910
Steuben1382
Orange13723
Jasper1362
Ripley1347
Franklin1288
Gibson1242
Wabash1163
Carroll1142
Starke1083
Whitley1076
Fayette1067
Newton10110
Huntington942
Jefferson872
Wells821
Randolph804
Fulton731
Jay720
Knox710
Washington681
Pulaski661
Clay645
Rush623
Posey610
Spencer571
Owen521
Benton510
Sullivan501
Adams491
Brown431
Blackford402
Fountain362
Crawford330
Switzerland320
Tipton321
Parke270
Martin260
Ohio230
Vermillion200
Warren151
Union140
Pike120
Unassigned0193

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