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Mnuchin rejects fears that U.S. waging ‘trade war'

2 monthes ago   |   By Politico

Treasury Secretary Steven Mnuchin on Thursday dismissed fears that the U.S. is waging a global trade war as he was hit with a barrage of questions from nearly every member of a key House committee about the Trump administration's policies. “I don't think we're in a trade war,” Mnuchin said in testimony to the House Financial Services Committee. “We're in a situation of trade disputes.” Still, he said his department is “very much monitoring the impact on the economy” from tariffs and the resulting retaliation. The administration, which has already slapped penalties on steel and aluminum...
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