U.S. and Chinese negotiators are reportedly keeping their expectations low heading into this week’s round of trade talks.
Treasury Secretary Steven Mnuchin is expressing optimism ahead of next week’s trade talks in China. In an interview Wednesday, he announced the meetings are set to be held in Shanghai at China’s request.
White House chief economic Larry Kudlow recently defended the two year budget deal struck between the administration and Congress.
The White House appears open to re-evaluating its stance on Huawei, in order to revive trade talks with China. White House Economic Adviser Larry Kudlow and Treasury Secretary Steven Mnuchin will host a meeting about the issue on Monday.Tech executives from companies like Intel and Qualcomm are expected to attend.
GOP lawmakers are seeking the executive branch’s approval of a bipartisan budget deal.