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US Treasury Secretary Steven Mnuchin suggested that Washington would gradually roll back its China tariffs during a staged negotiation of a phase two deal that may last beyond the 2020 US presidential election in November.
Mnuchin said at a World Economic Forum event in Davos, Switzerland, Wednesday that the US will start the phase two trade talks with China without mentioning a deadline.
“If we get that done before the election, great; if it takes longer, that’s fine,” Mnuchin said.
The phase two talks could be divided into several stages, he said . . .
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