Tag: Steven Mnuchin

• Tuesday, December 1st 2020 - 08:58 UTC

  US sanctions Chinese company supporting Venezuela's Nicolas Maduro

  

  The United States imposed sanctions on Monday on Chinese firm China National Electronics Import & Export Corporation (CEIEC), accusing it of supporting Venezuelan president Nicolas Maduro efforts to undermine democracy.

• Tuesday, August 11th 2020 - 08:17 UTC

  Chinese and foreign companies will be delisted from Wall Street if they don't comply with US accounting standards

  

  US Treasury Secretary Steven Mnuchin on Monday said companies from China and other countries that do not comply with accounting standards will be delisted from US stock exchanges as of the end of 2021.

• Wednesday, June 17th 2020 - 17:51 UTC

  Trump administration nominates White House official to lead the Inter American Development Bank

  

  The Trump administration announced it plans to nominate the top White House official for Latin America to lead the Inter-American Development Bank, aiming to break a six-decade tradition of choosing the bank's leadership from candidates in that region.

• Saturday, June 13th 2020 - 07:18 UTC

  Mnuchin says US economy can't shut down again: “shutting the economy creates more damage”

  

  The United States cannot let the coronavirus shut down its economy again, US Treasury Secretary Steven Mnuchin said, adding that more than US$1 trillion in rescue funds will flow into the economy over the next month.

• Thursday, March 19th 2020 - 08:23 UTC

  Mnuchin denies potential US unemployment of 20% but considers a US$ 2.000 stimulus check to every American

  

  Treasury Secretary Steven Mnuchin on Wednesday vowed that unemployment would not reach 20%, seeking to clarify comments he made a day earlier on a worst-case economic scenario resulting from the coronavirus pandemic.

• Wednesday, January 15th 2020 - 09:05 UTC

  US-China sign Phase One of trade deal, but some tariffs to remain until completion of Phase Two

  

  The United States will maintain tariffs on Chinese goods until the completion of a second phase of a United States-China trade agreement, US Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.

• Monday, January 13th 2020 - 08:42 UTC

  All ready to sign US/China Phase 1 trade deal, following lengthy translation process

  

  China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, US Treasury Secretary Steven Mnuchin said on Sunday.

• Friday, November 1st 2019 - 09:52 UTC

  US expects Argentina to uphold its commitments to IMF, Mnuchin said

  

  The United States expects Argentina’s incoming Peronist government to uphold the country’s commitment to the terms of its US$ 57 billion International Monetary Fund loan program, U.S. Treasury Secretary Steven Mnuchin said.

• Wednesday, October 16th 2019 - 04:51 UTC

  APEC finance ministers meeting in Chile, cautiously optimistic on a Beijing/USA trade agreement

  

  APEC finance ministers expressed “moderate optimism” on Tuesday that the United States and China will end their trade war and sign an agreement during the forum's summit in Santiago next month.

• Tuesday, August 6th 2019 - 09:06 UTC

  Fed expected to further lower interest rate as trade tensions with China increase

  

  Federal Reserve Chair Jerome Powell, who last week cut U.S. interest rates as an insurance policy against the effects of “simmering” trade tensions, may need to buy more coverage after the United States late on Monday designated China a currency manipulator.