
NEW YORK -- Washington's trade rhetoric on China has "gotten way out of control," but the upcoming presidential election might inject some moderation into the dialogue, a former top aide to U.S. Treasury Secretary Steven Mnuchin told the Nikkei Asian Review.
"I do think the administration has to change the tone of the negotiation" to straighten out trade relations with Beijing, Craig Phillips said in an interview Sunday on the sidelines of the Chinese Finance Association annual conference here.