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A constructive and frank discussion on trade with Yi Gang

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Yi Gang

Steven Mnuchin, the US Treasury secretary who is attending the G20 finance ministers meeting in Fukuoka, Japan, said on Twitter on Sunday that he had held a meeting with the Governor of the People’s Bank of China, Yi Gang. A scene meeting, a frank discussion on trade issues, and a constructive meeting.

He said on Twitter on Sunday that “there was a constructive meeting with the Governor of the People’s Bank of China, Yi Gang, during which we had a candid meeting on trade issues.”

US Treasury spokesman announced on Tuesday (4th)Mnuchin will meet with Yi Gang at the meeting of G20 finance ministers and central bank governors in Japan this weekend. This is the first face-to-face meeting between members of the Sino-US negotiating team since the two countries’ trade talks have been stagnant for nearly a month.

The statement before the Mnuchin meeting was intended to dilute the expectations of the outside world, saying that there would be no major communities, and that “main progress” would occur at the G20 Summit at the end of June.

Mnuchin and the Yigang meeting said that the two people had no goals to achieve, and they are not expected to disclose the content.

He said that the first meeting of the US dollar held at the end of June was an important meeting of the trade war, and it was compared to the “Study Conference” held in Argentina in December 2018, referring to the attempt to resolve the Sino-US trade dispute. The basis for the five-month consultation period. When asked if the “Study Conference” at the end of June would have similar results with the Argentine talks, Mnuchin said: “That is the president’s decision.”

He posted a briefing on Saturday, stating that “if they want to return to the negotiating table and reach an agreement, we will negotiate, otherwise we will follow our plan and there are more tariffs.”

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