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Daily News - US Treasurys Mnuchin alleviates fear of US-China trade war

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Daily News - US Treasurys Mnuchin alleviates fear of US-China trade war

NUSA DUA, Indonesia (AP) — U.S. Treasury Secretary Steven Mnuchin has downplayed widely voiced concerns over the risks that trade tensions with China could disrupt the world economy. Mnuchin also told reporters Saturday in Bali, Indonesia, that he doesnt lose sleep over the possibility that China might sell its huge hoard of U.S. treasuries in retaliation. Concerns that trade friction between Washington and Beijing will depress global trade and generate turmoil in financial markets have been a m...

Source: http://c.newsnow.co.uk/A/2/958329790?-42097:28482:3

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