After agreement with Mexico, EU invites China to resume negotiations

Donald Trump closed one door, but he still has others open. The president of the United States claimed victory after Washington and Mexico agreed on measures to curb the flow of Central American migrants to the United States.

Trump overturned plans to impose 5% tariffs on all Mexican imports and, in a separate part of the G20 financial leaders summit, his treasury secretary, Steven Mnuchin, told reporters he urged China to follow suit and resume trade negotiations.

Mnuchin said he plans to meet privately with the head of the Central Bank of China, Yi Gang. During the G20 summit later in the day, the two shared friendly comments, but there was no new indication that Beijing is ready to engage in the technological and commercial dispute it has with Washington.

Mnuchin said he did not have a direct message to give to Yi, who participated in the 11 rounds of talks that have been held so far to try to resolve the commercial and technological dispute between the two largest economies in the world.

At the moment there are no new contacts planned either in Washington or in Beijing before Trump and his Chinese counterpart, Xi Jinping, meet in Osaka at the G20 summit on June 28-29, the US official added.

Leave a Reply

Your email address will not be published. Required fields are marked *