The International Monetary Fund and the World Bank both issued warnings that trade disputes could put a healthy global economic expansion in jeopardy. An Associated Press report says U.S. Treasury Secretary Steven Mnuchin showed cautious optimism over the weekend that the U.S. and China could settle their differences without a full-blown trade war. Mnuchin met recently with finance officials from …
Treasury Secretary Mentions U.S. Possibly Re-joining TPP
It’s been over a year since President Trump pulled the U.S. out of the multinational Trans-Pacific Partnership (TPP). Treasury Secretary Steven Mnuchin says the U.S. is willing to discuss possibly rejoining the trade pact. He spoke recently at an investment summit meeting sponsored by the U.S. Chamber. According to Mnuchin, renegotiating the agreement is “absolutely on the table” and he’s …