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Trade tensions

US Commerce chief to travel to China next week: Mnuchin

WASHINGTON (Reuters) -- U.S. Commerce Secretary Wilbur Ross will travel to China next week to help finalize a trade agreement after Washington and Beijing reached an initial framework last week, U.S. Treasury Secretary Steven Mnuchin said on Monday.

"Secretary Ross has to go over and turn that into a signed piece of paper with companies," Mnuchin told reporters at the White House. "This is not a government-to-government purchase order, but we have an agreement with them as to what will be executed."

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