China Welcomes U.S. Treasury Secretary's Proposed Trip to China

China has received information that U.S. Treasury Secretary Steven Mnuchin wishes to make a trip to China to negotiate economic and trade issues and welcomes it, according to a statement issued by the Chinese Ministry of Commerce (MOC) Sunday. The statement comes after Mnuchin said a trip to China is under consideration at a press conference during the International Monetary Fund and World Bank spring meetings in Washington D.C., on Saturday, but he refused to reveal more details. Tension between the world's two largest economies reached a new height after the U.S. side threatened additional duties on Chinese goods worth 100 billion U.S. dollars on April 5. This was the third round of trade fire exchange between the two economic giants, all of which were initiated by the U.S. side. In the first two rounds, the United States slapped tariff on steel and aluminum imports from countries including China, as well as additional tariffs on Chinese imports worth 50 billion U.S. dollars, to which China responded firmly with tariff plans of equal weight. http://www.cctvplus.com/news/20180422... Welcome to subscribe us on: Facebook:   / newscontent.cctvplus   Twitter:   / cctv_plus   LinkedIn:   / cctv-news-content   Instagram:   / cctvnewscontent   Video on Demand: www.cctvplus.com If you are in demand of this video footage, please contact with our business development team via email: [email protected]