U.S. Treasury Secretary Steven Mnuchin said that the U.S.-China trade deal was "90 percent complete," and expressed optimism that progress will be made during President Donald Trump's upcoming meeting with Chinese President Xi Jinping at the G-20 summit, CNBC reported June 26. Mnuchin's statement follows a June 25 Bloomberg report citing unnamed sources that China and the United States each want to "dial down [their] tit-for-tat responses," and that in doing so, the White House was "willing" to suspend additional tariffs on remaining Chinese imports.