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WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Tuesday that a decoupling of the U.S. and Chinese economies will begin to occur if U.S. companies are not allowed to compete on a fair and level basis in China's economy.
Speaking at a virtual event sponsored by Bloomberg and Invesco, Mnuchin said he also had "every expectation" that China would live up to the terms of the Phase 1 trade agreement calling for a massive increase in Chinese purchases of U.S. goods, energy and services.
(Reporting by David Lawder; Editing by Sandra Maler)
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June 24, 2020 at 02:34AM
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Mnuchin says U.S.-China decoupling will occur if firms can't compete fairly - WHTC News
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