US Treasury Secretary Steven Mnuchin on Monday said America’s economy was unscathed after more than a year of entrenched trade conflict with China and Europe.
The remarks brushed aside concerns prompted by recent economic data showing slower employment growth, falling business investment and a weakening manufacturing sector, which have intensified recession warnings.
High-level trade negotiations are due to take place in Washington next month after a summer of acrimony and deteriorating us-china trade relations.
