US, China have come to understanding on trade relationship direction, says Kushner

Published Tue, Oct 29, 2019 · 04:20 PM
Share this article.

[RIYADH] The United States and China have come to an understanding on the direction of their trade relationship after a nearly 16-month trade war, White House adviser Jared Kushner said on Tuesday.

Kushner, President Donald Trump's son-in-law, told a panel at the Future Investment Initiative conference in Riyadh that US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin "have made a fabulous deal" with Beijing.

"I think people understand the president, that he's firm, they know that he's going to make the decisions that he thinks are right, and I think ultimately that we've come to an understanding with China now on where we want to head," Mr Kushner said. 

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here