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US sparks fears of trade war as Trump arrives in Davos
Published Thu, Jan 25, 2018 · 09:50 PM
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Davos
A DAY after sending the US dollar reeling with comments supportive of a weak US currency, US Treasury Secretary Steven Mnuchin said that the Trump administration was not seeking a trade war but would defend its economic interests.
At a news conference at the World Economic Forum (WEF) in Davos, Mr Mnuchin played down his comments on Wednesday that a weaker US dollar was "good for us as it relates to trade and opportunities", saying that they had been "balanced and consistent".
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