CHINA/STEVE MNUCHIN/TRADE DEALS/TRUMP PEOPLE: “President Donald Trump said he was sending a delegation of his top economic advisers to Beijing next week to try to settle trade disputes that have upset U.S.-China relations and rattled markets world-wide…The members of the U.S. team will include Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer, National Economic Council director Larry Kudlow and White House trade adviser Peter Navarro. Mr. Trump didn’t say specifically when next week the trip would occur, but a person familiar with the discussions said they team is likely to be in Beijing around May 3 and May 4. With increasing trade tensions between China and the U.S., top executives at the Wall Street Journal D.Live conference talk about how that will affect business. The composition of the team reflects divisions within the administration, say individuals involved in the discussions. According to these individuals, Mr. Mnuchin initially proposed that he make the trip on his own, presenting himself as the counterpart to Chinese envoy Liu He, who visited Washington in March to try to restart talks.”
–Bob Davis, “Trump to Send Mnuchin to China for Trade Talks Next Week,” The Wall Street Journal, April 24, 2018 3:00 pm