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Mnuchin says Trump putting trade war with China ‘on hold’
Treasury Secretary Steven Mnuchin said the Trump administration is putting its trade war with China “on hold” after two days of talks in Washington that he said had produced agreement on increased Chinese purchases of American products and measures to make it easier for U.S. companies to operate in China. President Trump had threatened to impose tariffs on $150 billion in Chinese imports unless China made widespread changes in industrial policies that he said required U.S. companies to surrender technology secrets in order to do business in China. Mnuchin said the two sides have agreed on a “framework” to ... (full story)
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