In an interview with Fox, U.S. Treasury Secretary Steven Mnuchin said that there was more work to do with China trade talks including enforcement and declined to comment on whether tariffs on Chinese imports were set to remain.
Key quotes (via Reuters)
- Sees modest impact of global slowdown on US economy.
- China trade negotiations are making a lot of progress.
- The UK will move to ‘front of line’ on trade when ready.
- Doesn’t see any signs of potential recession in 2020.
- Declines to comment on Fed, says respects President Trump’s Trump’s view.