Economics
Mnuchin Says Boeing Woes Could Lop a Half-Point from U.S. GDP
- Treasury secretary more upbeat on growth than many economists
- U.S., China to sign long-awaited ‘phase one’ trade deal
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Troubles at aircraft maker Boeing Co. could trim about half a point from U.S. GDP in 2020 but economic growth should still come in at about 2.5%, said Treasury Secretary Steven Mnuchin.
Mnuchin discussed the growth outlook, plans to sign the first phase of a U.S.-China trade deal and new sanctions against Iran on Fox News Channel’s “Sunday Morning Futures.”