Mnuchin: Pres. Trump’s Trade Policies Will Create Economic Success - FbiCables Network | The News that Shapes World Opinion

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Monday, March 26, 2018

Mnuchin: Pres. Trump’s Trade Policies Will Create Economic Success


FILE – In this March 6, 2018, file photo, Treasury Secretary Steven Mnuchin testifies during a hearing before the House Appropriations subcommittee on budget on Capitol Hill in Washington. UCLA has released video showing the near-constant heckling of Mnuchin during a Feb. 26, 2018, moderated talk about the economy. (AP Photo/Carolyn Kaster, file)
Treasury Secretary Steven Mnuchin claims the Trump administration’s push for free and fair trade will mean long term success for the economy.
During an interview Sunday, Mnuchin pushed back on criticism of the newly announced tariffs on China, saying the objective is to decrease the trade deficit.
He adds the U.S. is working on a pathway to fair trade with all countries, and that includes constant negotiations.
“We are going to proceed with our tariffs. We’re working on that, we are also working on investment restrictions. We’re simultaneously having negotiations with the Chinese to see if we can reach an agreement. As the president has said, we want to cut the trade deficit $100 billion over the next year.” – Steve Mnuchin, U.S. Secretary of the Treasury
He claims the U.S. is having very productive talks with China.

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