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Market Chatter: US to Seek Comments, Start Process for Board of Trade with China

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The U.S. government will issue a notice in the Federal Register to begin the process of setting up a Board of Trade with China that will help manage bilateral economic relations, Bloomberg News reported Tuesday, citing Trade Ambassador Jamieson Greer.

"We'll be putting out a Federal Register notice shortly," Bloomberg quoted Greer as saying.

The notice will seek public comments regarding the mechanism, the report said.

Both countries pledged to set up a Board of Trade and a separate Board of Investment during President Donald Trump's visit early in May, according to Bloomberg.

The details regarding the boards, including their coverage, remain unclear, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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