Mnuchin says new tax system is showing strong economic growth

Author: Justin Low | Category: News

Comments by US Treasury secretary Steven Mnuchin as he speaks to CNBC

  • Focus should be on economic growth over tax receipts
  • US economic growth is on track and is comfortable
  • Trump will only reconsider rejoining TPP on better terms
  • Trump will discuss trade with Japan PM Abe later today
  • Comfortable that US will make progress sought on TPP
  • Trump's tweet on currency devaluation is a warning shot to Russia and China
  • Trump wants to make sure China does not devalue its currency as in the past
I would argue that Trump's tweet sort of killed two birds with one stone, as I'm sure it also helped to push forward his own agenda.