WASHINGTON, May 4 — US Treasury Secretary Steven Mnuchin said today he expects China to uphold a trade deal reached with Washington this year, and warned of “consequences” if the country did not. The comments come amid a sharp drop in global trade caused by the coronavirus pandemic as well as...
Treasury Secretary Steven Mnuchin addresses the daily coronavirus response briefing as US President Donald Trump listens at the White House in Washington, US, April 2, 2020. — Reuters
The comments come amid a sharp drop in global trade caused by the coronavirus pandemic as well as a dispute between the two powers over fault for the spread of the virus, which first broke out in Wuhan, China. However, relations between Washington and Beijing have soured in recent weeks, with US President Donald Trump blaming China for the pandemic, and threatening tariffs.
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