US Treasury Sec Mnuchin: Agriculture is first up in China trade negotiations

In an interview with Fox Business, the U.S. Treasury Secretary Steven Mnuchin said that agriculture was first up in trade negotiations with China.

Key quotes (via LiveSquawk)

  • We cannot accomplish everything in 90 days but these will be real agreements with the two countries.
  • Regarding USCMA, cites that this is very good agreement .
  • Trump will end NAFTA if the Congress does not pass USMCA.
  • US trade negotiators will update Trump weekly.
  • Agreement that there will have to be certain punishments if China does not meet timelines.
  • This has to be about structural changes.
  • Commitments in near-term including LNG and agriculture.

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