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Tag: Steven Mnuchin

adminMay 25, 2021
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World

US temporarily suspends tariffs on Chinese products

2min00
Washington : US Treasury Secretary Steven Mnuchin has said the US was temporarily suspending tariffs on Chinese goods after an agreement was reached to reduce the bilateral trade deficit. “We are putting the trade war on hold,” Mnuchin said on Sunday in a “Fox News Sunday” television interview. “Right now, we have agreed to put […]
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adminMay 25, 2021
dollar-1.jpg
World

US dollar drops after Mnuchin backs weaker greenback

3min00
By Barry Eitel, San Francisco: The dollar sank to a three-year low Wednesday after Treasury Secretary Steven Mnuchin said a weaker U.S. currency would boost U.S. trade. Mnuchin made the comment during a press conference at the World Economic Forum in Davos, Switzerland. “Obviously, a weaker dollar is good for us as it relates to […]
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