Trade Deals Boosting US Growth, Boeing 737 MAX A Drag: Mnuchin
January 21, 2020
Recent trade deals with China and neighbouring Mexico and Canada will boost growth in the United States this year but the ongoing crisis surrounding Boeing’s 737 MAX airliner is weighing on performance, US Treasury Secretary Steven Mnuchin said on Tuesday.
Mnuchin said at the World Economic Forum in Davos that he found the latest projections of the International Monetary Fund (IMF) — which trimmed its forecast for US growth to 2.0 percent this year and to 1.7 percent in 2021 — to be overly pessimistic.