US Treasury Secretary Steven Mnuchin said Sunday he discussed trade issues with Yi Gang, the governor of the People's Bank of China
MOSCOW (Pakistan Point News / Sputnik - 09th June, 2019) US Treasury Secretary Steven Mnuchin said Sunday he discussed trade issues with Yi Gang, the governor of the People's Bank of China.
The talks took place on the sidelines of the G20 finance leaders gathering in Japan's Fukuoka.
"Had constructive meeting with PBOC Governor Yi Gang, during which we had a candid discussion on trade issues," Mnuchin wrote on Twitter.
The United States and China have been trying to overcome disagreements that emerged in the wake of US President Donald Trump's decision last June to impose the 25 percent tariffs on $50 billion worth of Chinese goods in a bid to fix the trade deficit. Since then, the sides have exchanged several rounds of duties.
Washington escalated the dispute earlier in May when it included another $200 billion worth of Chinese goods in the 25 percent tariff category. Beijing pledged to retaliate by hiking tariffs on $60 billion worth of US imports starting in June.