Treasury's Mnuchin sees positive U.S. growth as China talks loom
WASHINGTON - U.S. Treasury Secretary Steven Mnuchin on Monday said he did not see the threat of a recession as the Trump administration seeks to revive trade negotiations with China, adding that he expected a positive year ahead for the U.S. economy.
“We have a document, we’ve made a lot of progress, they’re coming here, I take that as a sign of good faith that they want to continue to negotiate,” Mnuchin said. The United States for more than two years has been seeking sweeping changes to China’s policies and practices on intellectual property protection, the forced transfer of U.S. technology to Chinese firms, American companies’ access to China’s markets and industrial subsidies.
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