US Commerce Sec. Raimondo: US-Sino stable economic relationship is profoundly important
Following her meeting with Chinese Commerce Minister Wang Wentao in Beijing early Monday, US Commerce Secretary Gina Raimondo said, “it is profoundly important that the US has a stable economic relationship with China.”
She said that she thinks the US can make progress with China if both sides are ‘direct, open and practical.”
Market reaction
At the time of writing, AUD/USD is keeping its range at around 0.6430, up 0.47% so far.