WASHINGTON, D.C.: The United States said Monday it will need to see “something concrete” from China in the next 90 days to build a real agreement on trade, two days after Donald Trump and Xi Jinping called a truce in the escalating confrontation between the two economic powerhouses.
Treasury Secretary Steven Mnuchin said on CNBC the US and China had held “very specific discussions” in Buenos Aires on Saturday evening on steps to defuse their conflict, which involves hundreds of billions in bilateral trade and had roiled world markets for months.
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