Web Summit: Washington Wants to Seal New Trade Deal With Beijing, Ex-U.S. Treasury Secretary Says

Any future deal is likely to involve getting China to live up to commitments it made in previous rounds of negotiations, Steven Mnuchin tells conference

Former U.S. Treasury Secretary Steven Mnuchin speaks at Web Summit Qatar in Doha on Tuesday. Photo: Web Summit

(Doha, Qatar) — Washington is likely to look to seal another trade deal with Beijing, which may include getting China to live up to the commitments it made during Trump’s first term, said former U.S. Treasury Secretary Steven Mnuchin at a conference Tuesday.

“President Trump is using tariffs to get [China] back to the negotiating table and get to another deal,” Mnuchin said during a panel at Web Summit Qatar in Doha.