US-China trade talks marching ahead – Danske Bank

The US-China trade talks in Beijing are proceeding today and so far little news has come out but US Treasury Secretary Stephen Mnuchin yesterday said US and China had 'very good conversation on trade', notes the research team at Danske Bank.

Key Quotes

“The US is probably presenting a list of demands from China, but it seems unlikely that everything will be resolved with this trip. US Trade Representative Robert Lighthizer yesterday said 'We're going to spend the next year developing how we deal with each other' suggesting the talks is just the start of a longer process of solving the trade dispute.”