Hope seen for China talks progress
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. Mnuchin and Trade Representative Robert Lighthizer were to have a working dinner and then meet Wednesday with Chinese negotiators to discuss the standoff between the two biggest global economies, which has rattled financial markets. A Chinese team is scheduled to visit Washington next week for another round of negotiations. Mnuchin expressed hope Monday the two sets of talks will progress enough for U.S. officials to recommend to President Donald Trump whether to make a deal with Beijing.