Mnuchin says US willing to negotiate with China to avoid a trade war
By Vicki Needham - 04/06/18 06:12 PM EDT
Treasury Secretary Steven Mnuchin said Friday that the United States is willing to ramp up discussions with China to work out their economic differences but the potential remains for a trade war.
Trump administration officials have spent the better part of this week trying to talk down the prospects of a prolonged trade fight that has raised concerns among congressional lawmakers and U.S. businesses who are worried that a protracted trade fight could stymie the nation's steady economic growth.
“We’ll continue to have discussions. But there is the potential of a trade war," Mnuchin said during an interview on CNBC.
But Mnuchin said he wanted to make clear that "it is not a trade war" at this point.
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http://thehill.com/policy/finance/382034-mnuchin-says-us-willing-to-negotiate-with-china-to-avoid-a-trade-war
