Mnuchin: China Trade Deal Will Juice Economy

Published on 14 Dec 2019, 23:26
A 'phase one' trade deal between the United States and China was 'very good' for global economic growth.
That's according to U.S. Treasury Secretary Steven Mnuchin, who made his remarks on Saturday.
Reuters reports Mnuchin told the Doha Forum conference in Qatar that the second phase could come in several steps.
He said the United States continued to remain the 'bright spot' of the global economy, while Europe and Asia were slowing down.
Mnuchin also said he believed the United States campaign of maximum pressure on Iran was working.
He said sanctions have drastically reduced Tehran’s ability to sponsor what Washington sees as terrorist groups abroad.

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