Treasury Secretary Steven Mnuchin said Tuesday the U.S. is unafraid of a trade war, according to Agence France Press. A trade war “is not our goal, but we are not afraid of it,” Mnuchin said. The Treasury Secretary’s comment came at the end of the meeting of G20 finance officials in Buenos Aires, Argentina. Finance ministers urged the U.S. to stick to a multilateral approach to trade, arguing that failing to do so would spark a trade war. Many countries are seeking exemptions from U.S. steel and aluminum tariffs set to take effect later this week.
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