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US, China nearing 'concluding issues' in trade talks: Mnuchin

AFP  |  Washington 

said Saturday trade talks with were getting close to their conclusion.

Since January, shuttle diplomacy between and to resolve their nine-month trade war has dragged on longer than officials had expected. Both sides have continued to project cautious optimism without predicting success.

"It is more important to get it right than have arbitrary date," told reporters. But "I'm hopeful we're getting close to the final round of concluding issues."

A sticking point in the talks has been American officials' insistence that any final agreement have teeth -- and that they retain the ability to impose fresh tariffs should backslide on its commitments.

declined to get into details on Saturday.

"There are certain commitments the is making in this agreement and there are certain commitments that is making," he said.

"And I would expect that the enforcement mechanism works in both directions."

Trump said last week a conclusion in the talks was probably "four weeks" away but since discussions began earlier this year to end the nine-month trade war, the finish line has repeatedly slipped further into the future.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, April 14 2019. 01:05 IST