Mnuchin: US-China trade talks on track, but not bound to a specific deadline

Author: Greg Michalowski | Category: News

Familiar comments from US treasury secretary Mnuchin

US Treasury Secretary Mnuchin is on the wires saying:
  • US – China trade talks are on track but not bound to a specific deadline
  • US Chinese deputy negotiators held call on Wednesday night and are actively working towards a trade deal
On a another topic one he was asked if the treasury or the Fed was in charge of the dollar, he said "the market is in charge of the dollar".

I wonder if that means the Yuan vs US dollar exchange rate too?

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