Top Treasury Official Says He Misspoke in Saying China Talks Ended

  • Wrong to say formal strategic talks with China over: Malpass
  • Backtracking sparks confusion on status of China-U.S. dialogue
David Malpass, U.S. Treasury’s undersecretary for international affairs, discusses trade talks with China.(Source: Bloomberg)
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A top Treasury Department official said he was incorrect in saying that the U.S. had ended formal economic dialogue with Beijing, adding that Secretary Steven Mnuchin continues to hold private discussions with China.

“I misspoke,” David Malpass, Treasury’s undersecretary for international affairs, told reporters in Buenos Aires on Sunday. “Secretary Mnuchin has high-level talks with China,” he said, reiterating that the department has “private” conversations with senior officials in China.