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U.S.-China trade talks continue and in-person meeting may be planned, Steve Mnuchin says

Business Jul 19, 2019

U.S.-China trade talks continue and in-person meeting may be planned, Steve Mnuchin says

U.S. and Chinese officials will speak on Thursday, potentially paving the way for in-person trade talks to resume, U.S. Treasury Secretary Steven Mnuchin said on Thursday, as the world's two largest economies seek to end a year-long trade war. Mnuchin and U.S. Trade Representative Robert ...

Trump administration denies possible ouster of Commerce Secretary Wilbur Ross

World / Politics Jul 16, 2019

Trump administration denies possible ouster of Commerce Secretary Wilbur Ross

U.S. Treasury Secretary Steven Mnuchin on Monday denied a media report nbcnews.to/2XPQJ4B that President Donald Trump is considering removing Commerce Secretary Wilbur Ross after a Supreme Court defeat on adding a citizenship question to the census. Trump retreated on Thursday from adding a contentious question ...

Trump sees slowing Chinese growth pressuring Beijing on trade as U.S. tariffs have 'major effect'

Business Jul 16, 2019

Trump sees slowing Chinese growth pressuring Beijing on trade as U.S. tariffs have 'major effect'

U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S. tariffs were having "a major effect" and warned that Washington could pile on more pressure as bilateral trade talks sputtered along. Data released earlier on Monday showed growth ...

House Democrats sue Treasury, IRS chiefs for Trump tax returns

World / Crime & Legal Jul 3, 2019

House Democrats sue Treasury, IRS chiefs for Trump tax returns

House Democrats asked a U.S. court to force the Treasury Department to turn over six years of President Donald Trump's personal and business tax returns. The long-expected lawsuit filed Tuesday is the latest attempt by Congress to assert oversight over the executive branch, as the ...

U.S. Treasury chief on solid ground in withholding Trump tax returns, Justice Department says

World / Politics Jun 15, 2019

U.S. Treasury chief on solid ground in withholding Trump tax returns, Justice Department says

U.S. Treasury Secretary Steven Mnuchin did not violate the law by refusing to provide President Donald Trump's tax returns to Congress because the confidentiality of returns is protected under the law, the Justice Department said in a legal opinion released Friday. Federal law "protecting confidentiality ...

Trump's top two trade advisers opposed decision to impose tariffs on Mexico, sources say

Business / Economy Jun 1, 2019

Trump's top two trade advisers opposed decision to impose tariffs on Mexico, sources say

Frustrated at an unending flow of migrants across the country's southern border, U.S. President Donald Trump overruled the advice of his two top trade advisers in abruptly imposing tariffs on Mexico, sources familiar with the situation said on Friday. U.S. Trade Representative Robert Lighthizer and ...

Congress has no right to 'do-over' of Russia probe, says White House counsel

World / Crime & Legal May 16, 2019

Congress has no right to 'do-over' of Russia probe, says White House counsel

Congress has no right to conduct a "do-over" of special counsel Robert Mueller's Russia probe, the White House said in a letter blasting House Democrats' "sweeping" requests for documents as an effort to harass political opponents. The May 15 letter from White House counsel Pat ...

U.S. and China reported near deal to end some tariffs amid 'productive' talks

Business May 2, 2019

U.S. and China reported near deal to end some tariffs amid 'productive' talks

The United States and China are nearing a trade deal that would roll back a portion of the $250 billion in U.S. tariffs on Chinese goods, Politico reported on Wednesday after U.S. Treasury Secretary Steven Mnuchin said the two countries completed "productive" talks in ...

In U.S. talks, Japan's Finance Minister Taro Aso opposes linking currency with trade

Business / Economy Apr 26, 2019

In U.S. talks, Japan's Finance Minister Taro Aso opposes linking currency with trade

Finance Minister Taro Aso has pushed back against U.S. efforts to bring yen policy into scope for bilateral talks aimed at striking a trade deal. "We can't agree to any talk of linking currency and trade policy," Taro Aso told reporters Thursday in Washington after ...

Trump 'not inclined' to release tax returns despite congressional deadline

World / Crime & Legal Apr 24, 2019

Trump 'not inclined' to release tax returns despite congressional deadline

U.S. President Donald Trump is unlikely hand over his tax returns to lawmakers despite a Tuesday congressional deadline facing the Treasury Department and Internal Revenue Service, a White House spokesman said on Tuesday. "As I understand it, the president's pretty clear: Once he's out of ...

Steve Mnuchin denies selling his entertainment firm to Russians but won't reveal buyers

Business Apr 10, 2019

Steve Mnuchin denies selling his entertainment firm to Russians but won't reveal buyers

U.S. Treasury Secretary Steven Mnuchin declined to tell lawmakers who purchased his entertainment company, but promised it wasn't a Russian. "I can assure you that it's not a Russian oligarch or any Russian," Mnuchin said Tuesday in testimony before the House Financial Services Committee. "I ...

China will continue to suspend extra tariffs on U.S. vehicles and auto parts

Business Apr 1, 2019

China will continue to suspend extra tariffs on U.S. vehicles and auto parts

China's State Council said on Sunday that the country would continue to suspend additional tariffs on U.S. vehicles and auto parts after April 1, in a goodwill gesture following a U.S. decision to delay tariff hikes on Chinese imports. In December, China said it would ...

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