Trump sees "very good chance" of US-China trade deal

US Treasury Secretary Weighs China Visit Amid Anti-Protectionist Sentiment

An Associated Press report says U.S. Treasury Secretary Steven Mnuchin showed cautious optimism over the weekend that the U.S. and China could settle their differences without a full-blown trade war.

US President Donald Trump on Tuesday said the US would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days.

During a meeting with French President Emmanuel Macron at the White House, Trump stressed his tough stance on reducing the U.S. trade deficit with China. They came here recently, and we're going there.

OnePlus 6 India launch set for May 18, reports say
On Saturday, OnePlus India posted a teaser on its Twitter account which reads, " Same expert craftsmanship, new materials ". The OnePlus 6 is indeed a highly anticipated device and it will be interesting to see how the company intends to price it.

Mnuchin will travel with U.S. Trade Representative Robert Lighthizer, National Economic Council director Larry Kudlow, and White House trade adviser Peter Navarro.

Trump has authorised tariffs on about US$50 billion (S$66 billion) in Chinese exports in response to China's alleged theft of American intellectual property. -China trade war would result in a loss of more than 2.1 million jobs in 2,700 US counties.

Ray Crosby, president of Champion Safe, said that if the playing field isn't leveled, his firm may shutter its production facility in Utah, which employs about 100 people, and join other USA safe makers that now manufacture in China. "We are looking for reciprocal treatment".

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