US Treasury Chief: Trump ‘Perfectly Happy’ to Tax More Chinese Imports

  Treasury chief Steven Mnuchin said Sunday that President Donald Trump would be “perfectly happy” to tax more imports from China if the U.S. leader cannot reach a trade deal with Chinese President Xi Jinping when they meet later this month. “We made enormous progress, I think we had a…

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US Holds ‘Constructive’ Trade Talks With China

American and Chinese trade negotiators made progress during “candid and constructive discussions” in Beijing Friday, said the White House, and will continue talks in Washington next week. The two sides are working to strike a deal to lift eight-month-old tariffs affecting $250 billion of Chinese imports to the U.S., and…

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Mnuchin Pulls US Out of Saudi Investment Conference

U.S. Treasury Secretary Steve Mnuchin has pulled out of an investment conference next week in Saudi Arabia, as Riyadh continues to face questions about its involvement in the disappearance and alleged killing of a U.S.-based Saudi journalist in Turkey. Mnuchin made the announcement Thursday on Twitter, following numerous Western corporate…

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