China's top trade official expected to visit U.S. for trade talks, Mnuchin says – MarketWatch

A day after mid-level trade talks between the U.S. and China wrapped up in Beijing, Treasury Secretary Steve Mnuchin said Thursday that Chinese Vice Premier Liu He will "most likely" visit the U.S. later this month for more trade negotiations. "The current intent is that the Vice Premier Liu He will most likely come and visit us later in the month and I would expect the government shutdown would have no impact," Mnuchin told reporters on Capitol Hill. "We will continue with those meetings just as we sent a delegation to China." Liu is the top economic adviser to President Xi Jinping. Negotiators were said to have made progress at the recently concluded talks, and it is hoped further high-level talks can ease trade tensions, which have shaken world markets for the past year. A 90-day tariff truce is set to expire March 1, and President Donald Trump has threatened to raise tariffs on more than $200 billion in Chinese-made foods from 10% to 25% once the truce is over.

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