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USTR Lighthizer: Expects to meet with Chinese VP, Mnuchin ahead of Osaka G20 summit

2019-06-19 22:00

The U.S. Trade Representative (USTR) Robert Lighthizer crossed the wires in the last minutes, saying that he expects to meet Chinese Vice Premier and the U.S. Treasury Secretary Mnuchin ahead of the G20 summit in Osaka, Japan. 

Commenting on the USMCA pact, Lighthizer said that he did not believe tariff threats on Mexico would make the passing of the deal more difficult. "It's in the interest of both China and the U.S. to have a successful trade agreement," Lighthizer added. None of his comments received a reaction from the markets as investors are eagerly waiting for the FOMC to announce its policy decisions.

This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

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