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 analogy is used to describe the initial agreement phase?

• Negotiating a deal

• Buying a building

• Signing a contract

• Buying a car

What is the expectation regarding the conclusion of the agreement?

• It will be signed next year

• It will be concluded by the APEC meeting in Chile

• It will be delayed indefinitely

• It will be canceled

What type of calls are planned for the current week?

• International calls

• Presidential calls

• Deputy level calls

• Principal level calls

Who are expected to participate in the principal level calls?

• The President and Vice President

• Ambassador Light Hyzer, the narrator, and the Vice Premier

• The Secretary of State and the Vice Premier

• The Vice Premier and the President

What is the purpose of the potential in-person meetings?

• To celebrate the agreement

• To resolve any final issues

• To discuss unrelated topics

• To introduce new participants