treasury secretary steven mnuchkin talking about it with cnbc >> reporter: right now we're monitoring president trump who is in iowa at northeast regional community college in iowa. he's taking some questions from a crowd and talking on a panel there about a number of developments he toured some of the facilities there. a reminder no news out of his opening remarks so far at least in that event but this morning as you point out the treasury secretary, steven mnuchkin was on cnbc talking about yesterday's appearance between president trump and the head of the eu, the announcement of an agreement here we listened to steven mnuchkin the treasury secretary seems to suggest that yesterday was more of a beginning of that process than the end here what he had to say this morning. >> we had a long negotiating session yesterday. we concluded an outline of an agreement and now we'll turn this into a real agreement this really started with president trump and his discussions at the g7, making it clear that he wanted with the g7 in europe free trade which was no tariffs, no tariff barriers, no su