Mnuchin: Weaker Dollar is a good for the US

24 Jan 2018 12:39 PM

Steven Mnuchin, US Treasury Secretary in Davos, made the following statement:

  • A weaker dollar is good for trade.
  • Voting from the market on tax reforms is positive.
  • We are not particularly concerned about China's purchase of US Treasuries.
  • Treasuries are not an issue in talks with China.
  • Tax reforms bring trillions of dollars back to the United States.

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