Mnuchin says trade deal with China to boost global economy

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Mnuchin says trade deal with China to boost global economy
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Details of U.S.-China 'phase one' trade deal to come out over weekend: Mnuchin

DOHA - U.S. Treasury Secretary Steven Mnuchin said on Saturday a “phase one” trade deal between the United States and China was “very good” for global economic growth, and added that the second phase could come in several steps.

Mnuchin said full details of the new deal, or a factsheet on “phase one”, would come out later on Saturday or on Sunday after both sides do fact and language checks. Mnuchin said the deal with China aimed to create more reciprocal trade relations for many years, adding that the deal would be “very good” for global growth.

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