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Mnuchin May Soften Brazen U.S. Trade Talk in His G-20 Debut

  • U.S. doesn’t want to engage in trade wars, he says in Berlin
  • Offers Schaeuble an olive branch to assess trade imbalance
Bloomberg business news

Mnuchin, Schaeuble Seek to Diffuse Tensions Over Trade

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Treasury Secretary Steven Mnuchin may offer the Group of 20 something the world hasn’t heard yet from the new U.S. administration on currency and trade policy: reassurance.

Mnuchin arrives Friday in Baden-Baden, Germany, for a meeting of G-20 finance ministers and central bankers, during his first official trip abroad. There he’ll run into international peers with sway over the world’s biggest developed and emerging economies who are grappling with the uncertainty of the Trump administration’s “America First” message.