Mnuchin says US-China trade deal will have real structural commitments, but still more work to do

Treasury Secretary Steven Mnuchin says the U.S. is getting closer to a deal with China.

"The deal is not done yet but we have made a lot of progress" Mnuchin told CNBC's "Squawk on the Street" Thursday. "We still have more work to do, and we hope to make progress this month."

— This is a developing story. Check back for updates.

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