U.S. treasury secretary says U.S., China reach important framework deal on trade

WASHINGTON, May 20 (Xinhua) -- U.S. Treasury Secretary Steven Mnuchin said on Sunday that the United States and China have agreed on a "very important" framework concerning their economic and trade ties, and the two sides have agreed to put the trade war on hold.

In an interview with Fox News, Mnuchin said that in the just concluded economic and trade consultations between the United States and China, the two nations have "made very meaningful progress."

He added that the two sides will continue with their communications on trade issues.