Mnuchin Says Trade Deal With China Reached in Principle

The transcript discusses the progress of an agreement, likening it to buying a building and negotiating a contract. It highlights the execution work needed on the document, which is mostly complete, and anticipates its conclusion by the APEC meeting in Chile. The discussion includes the impact on markets, as reported by Bloomberg, and outlines the planned talks between the US and China, including deputy and principal level calls and meetings. The expectation is to meet with the vice Premier in Chile to resolve any final issues, with flexibility for additional in-person meetings if necessary.

What is the current plan for calls between deputy levels and principal levels?

What steps will be taken if more in-person meetings are needed to conclude the agreement?