US Holds ‘Constructive’ Trade Talks With China

American and Chinese trade negotiators made progress during “candid and constructive discussions” in Beijing Friday, said the White House, and will continue talks in Washington next week. The two sides are working to strike a deal to lift eight-month-old tariffs affecting $250 billion of Chinese imports to the U.S., and…

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US Wants Pledge for Stable Chinese Yuan as Talks Resume

Xi Jinping

by Reuters   The United States is seeking to secure a pledge from China it will not devalue its yuan as part of an agreement intended to end the countries’ trade war, Bloomberg reported on Monday. Officials from the two countries, which resumed talks on Tuesday in Washington, are discussing…

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Mnuchin Pulls US Out of Saudi Investment Conference

U.S. Treasury Secretary Steve Mnuchin has pulled out of an investment conference next week in Saudi Arabia, as Riyadh continues to face questions about its involvement in the disappearance and alleged killing of a U.S.-based Saudi journalist in Turkey. Mnuchin made the announcement Thursday on Twitter, following numerous Western corporate…

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