Treasury Declines to Label China a Currency Manipulator
Treasury will not label China a currency manipulator but warns it is closely monitoring the situation.
Treasury will not label China a currency manipulator but warns it is closely monitoring the situation.
WASHINGTON — The Treasury Department on Tuesday targeted a network of banks and businesses that provides financial support to a paramilitary force in Iran, which allegedly trains and deploys child soldiers to fight with Iran’s Islamic Revolutionary Guard Corps.
The U.S. Treasury Department on Tuesday afternoon announced it is imposing sanctions on leading Iranian financial institutions for “supporting child soldiers.”
The U.S. Treasury Department on Tuesday announced sanctions against four current and former Venezuelan government officials, plus several other individuals and entities connected with Rafael Alfredo Sarria Diaz, a businessman accused of operating as the front man for Socialist Party official Diosdado Cabello.
Finance Minister Moshe Kahlon and US Treasury Secretary Steven Mnuchin agreed Tuesday at a meeting in Washington to set to establish a joint team to work on enforcing economic sanctions on Iran.
The U.S. Treasury Department issued proposed rules on Thursday to nix California’s scheme to avoid the new $10,000 limit on state and local tax deductions by claiming taxes are charitable donations.
“Turkey has been a problem for a long time,” President Trump said to reporters as he left the White House. “They have not acted as a friend.”
“There’s no question that the weakening of the currency creates an unfair advantage for them,” Mnuchin said.
U.S. Treasury Secretary Steven Mnuchin said on Friday the United States will consider waivers for some countries that need more time to stop importing Iranian oil to avoid disrupting global oil markets. Reuters, which reported his remarks, said they were embargoed for release until Monday.
The United States Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned a Malaysia-based General Sales Agent (GSA) on Monday for collaborating with and acting on behalf of Iran’s government-operated and U.S.-sanctioned Mahan Air.
The administration wants to limit Chinese investment using existing U.S. laws rather than employing executive authorities to erect novel restrictions.
The market went into a tailspin after Treasury Secretary Steven Mnuchin tweeted about restrictions on foreign investment in U.S. companies. Then Trump trade guru Peter Navarro set things straight.
Mnuchin said the stories were wrong because new U.S. policy is not aimed specifically at China but will apply to all countries found to steal U.S. technology.
Mnuchin’s rise didn’t last long. After the meetings in Washington, Treasury Secretary Steven Mnuchin announced that trade war with China was “on hold” only to have the administration announce a short while later that it was preparing the apply tariffs to $50 billion of Chinese technology imports.
Germany, France, and Britain joined the EU to plead for special “ally” status to exempt them from U.S. trade sanctions on Iran.
“To each of you and to the Muslims around the world, Ramadan Mubarak,” Trump said, during remarks at the dinner, extending the Ramadan greeting shared by Muslims. “In gathering together this evening we honor a sacred tradition of one of the world’s great religions.”
The United States Treasury Department’s Office of Foreign Assets Control (OFAC), on Wednesday, sanctioned six Iranians, three Iran-based entities and leaders, the country’s state-run Islamic Republic of Iran Broadcasting (IRIB), and Iran’s notorious Evin prison for being involved with serious human rights abuses and censorship.
Senator Marco Rubio (R-FL) taunted President Trump for being “out-negotiated” by China as the U.S. works to resolve a host of trade issues, ranging from deficit reduction to tariffs.
The United States will not lift tariffs on Chinese steel and aluminum, Treasury Secretary Steven Mnuchin said on Tuesday.
The United States Treasury Department on Tuesday issued a fresh set of sanctions against Iran, targeting five Iranians who are linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) and who provided ballistic missile support to Iran-backed Houthi rebels in Yemen.
The Trump administration has agreed with China on a broad outline of a plan to save Chinese telecom giant ZTE.
The Treasury secretary’s remarks come a day after he told Fox News that the U.S. was “putting the trade war on hold” and that both Beijing and the U.S. were temporarily suspending plans to implement tariffs.
Steven Mnuchin’s critics say he’s “Cohn 2.0” and blame him for leaks this week attempting to paint China hawk Peter Navarro in an unflattering light.
Larry Kudlow has not been at the center of the internal White House battle over China and trade. But he was almost shut out of talks with Chinese officials set to kick-off Thursday because of it.
The Jerusalem embassy ceremony was a moving experience, a unique moment in history when 23 years of promises, and thousands of years of hope, were finally fulfilled.
“If you don’t take some risks and you don’t show you are willing to absorb a little bit of pain, how on earth are you going to get things changed?” Commerce Secretary Wilbur Ross said.
“We want wages to go up,” Treasury Secretary Steven Mnuchin said at a conference in Los Angeles Monday.
TEL AVIV – Jerusalem under the sovereignty of Israel is a “model for coexistence” and openness among Judaism, Islam and Christianity, U.S. Ambassador to Israel David Friedman said Monday.
“The USPS is on an unsustainable financial path and must be restructured to prevent a taxpayer-funded bailout,” the text of the order signed by Trump read.
Sunday on CBS’s “Face the Nation,” Treasury Secretary Steven Mnuchin suggested there “could be” a trade war between the United States and China over President Donald Trump’s tariffs. Mnuchin said, “Our expectation is that we don’t think there will be a
Mnuchin described himself as “cautiously optimistic” that a deal to avoid trade barriers could be reached with China, in part because Trump and Chinese President XI Jinping “have a very good relationship.”
The U.S. Treasury Department announced a new round of sanctions against Russian individuals and entities on Friday, including seven wealthy oligarchs, 12 of their companies, a state-owned weapons trading company called Rosoboroneksport, that company’s RFC Bank subsidiary, and 17 government officials.
On this weekend’s broadcast of “Fox News Sunday,” Treasury Secretary Steven Mnuchin said President Donald Trump’s tariffs would not have a “big impact on the economy.” Mnuchin said, “I don’t expect to see a big impact on the economy. But
The Trump administration announced sanctions on Thursday against Russian individuals and organizations accused of interfering in the 2016 U.S. presidential election. The sanctions designate five entities and 19 individuals under legislation and executive orders aimed at punishing those who engage in malicious cyber-activities.
The Trump administration is imposing new sanctions against Russians who launched cyberattacks against the U.S. or tried to interfere in the 2016 presidential elections.
Contents: As North Korea’s ‘charm offensive’ fades, decision time for military action approaches; New Trump administration sanctions target companies trading with North Korea; China angrily demands that the US retract the new North Korea sanctions
Treasury Secretary Steven Mnuchin announced the U.S. is imposing the toughest sanctions ever put in place against North Korea.
Trumps comments on the dollar do not contradict Mnuchin’s. In fact, they reflect the same view that U.S. economy is picking up steam.
Treasury Secretary Steven Mnuchin caught markets off guard this week by telling the truth about the dollar.
Donald Trump is headed to the world’s top globalist gathering in Davos, Switzerland to tout his economic accomplishments and encourage investment in the United States, White House officials said Tuesday.