Treasury Secretary Steven Mnuchin said to the Wall Street Journal on Tuesday that a phase 2 trade deal with China may not remove all of the current tariffs.
In an interview with the newspaper at the World Economic Forum in Davos, Switzerland, Mnuchin said the next step in trade negotiations with China could be a phase “2A” that removes some, but not all, of the tariffs.
Mnuchin - Phase - Bang
Mnuchin also warned that the second phase might not be a “big bang.”
The United States and China officially signed the first phase of the trade deal last week in Washington,...