Comments from Mnuchin
- Expects Japan trade deal to be finished very soon
- No reason to believe Powell's job isn't safe
- Talks with France continue
- We're prepared to sign a China deal if it's good for the US
- We have not seen impact from trade war on US economy
- President perfectly fine with continuing tariffs absent a new deal
A tax cut is all political gains at this point. It has very little chance of getting through Congress.