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#StevenMnuchin says #US had `productive` trade meetings with #China
http://ow.ly/bZjb30nI73E
#WorldMarket
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#US President Donald #Trump and Chinese President #XiJinping could reach a formal trade deal at a summit around March 27 given progress in talks between the two countries, according to the WSJ. #China would lower tariffs on U.S.-made goods including agricultural products, chemicals and cars in exchange for sanctions relief from Washington. As a part of the deal there would be a $18bn purchase of natural-gas from Houston-based #CheniereEnergy Inc. The United States is working to hammer out a detailed trade agreement with China that will include specific structural commitments, according to U.S. Treasury Secretary #StevenMnuchin.


#GlobalEconomy #Protectionism #America #Globalisation #GlobalTrade #TradeWars #EconomicRisk #Economy #TradePolicy #InternationalTrade #TradeTariffs #Politics #Geopolitics #InternationalRelations #USA #GlobalTradeWar #EconomicColdWar
U.S. and China could reach #tradedeal at summit around March 27: WSJ
https://www.reuters.com/article/us-usa-china-trade/u-s-and-china-could-reach-trade-deal-at-summit-around-march-27-wsj-idUSKCN1QK0SW
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#StevenMnuchin hopes for `productive` trade meetings in #China
http://ow.ly/GgDL30nGgnE
#WorldMarket #US
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Treasury Secretary #StevenMnuchin said an overhaul of the #taxsystem, regulatory reform and better trade deals will help produce 3% U.S. economic growth within 2 years. The #Trump administration has placed an overhaul of the tax system - describing it as the biggest reform in history - at the top of its legislative agenda. A blueprint released last week includes proposals to slash taxes for business and individuals, simplify the system for filers and close loopholes for the rich, relying on faster economic growth to offset the losses from tax cuts. The goal is for a #taxreform package to be signed into law this year.


#WorldEconomy #AmericanEconomy #EconomicData #EconomicGrowth #EconomicOutlook #Economy #EconomicReform #UnitedStates
Mnuchin Says Reaching 3% U.S. Economic Growth May Take Two Years
https://www.bloomberg.com/news/articles/2017-05-01/mnuchin-says-reaching-3-u-s-economic-growth-may-take-two-years
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