Mnuchin forecasts strong economic growth


Treasury Secretary Steven Mnuchin on Sunday touted the Trump administration’s economic achievements, forecasting that the nation is well on its way to sustained economic growth.

“This was a big week for our trade and economic policies,” Mnuchin said on NBC’s “Meet the Press.” “We have been focused on, for the last year, creating solid economic growth. That’s been a combination of tax reform — which I think you know a lot of people said would never get done, 30 years in the making — [and] regulatory relief in trade.”

“The president is focused on economic growth,” Munchin added. “We’re well aware and on our way to our target of 3 percent sustained GDP.”

And on North Korea, the Treasury secretary said he believed the tough economic sanctions imposed on the regime by the U.S. and others was a critical factor in the proposal now on the table for face-to-face talks between President Donald Trump and North Korea’s leader, Kim Jung Un.

“I do believe that the reason … a major reason of why they’re having this meeting is because the economic sanctions have had — have a very big impact on both their economy and their ability to get pieces of material and other things they need for their weapons programs,” Mnuchin said.

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