Us Treasury

US To Maintain China Tariffs Until Phase 2 Deal: Treasury Secretary Steven Mnuchin

World News | Reuters | Wednesday January 15, 2020

The United States will maintain tariffs on Chinese goods until the completion of a second phase of a US-China trade agreement, US Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.

US Removes Currency Manipulator Label On China Ahead Of Trade Deal

World News | Agence France-Presse | Tuesday January 14, 2020

The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.

US Sanctions Iran Communication Minister Over Internet Censorship

World News | Agence France-Presse | Saturday November 23, 2019

The US Treasury slapped punitive sanctions on Iran's communications minister, Mohammad Javad Azari Jahromi, Friday after the Tehran regime blocked internet communications amid violent protests triggered by a petrol price hike.

More US Sanctions On Turkey If No Ceasefire: US Treasury Secretary

World News | Agence France-Presse | Thursday October 17, 2019

The United States is prepared to ratchet up economic pressure on Turkey if it does not agree to cease its offensive in northern Syria, US Treasury Secretary Steven Mnuchin said Wednesday.

US Lays Out Proposal To Extend Scrutiny Of Foreign Investment

World News | Reuters | Wednesday September 18, 2019

The US government outlined more detail on Tuesday on its plans to beef up foreign investment oversight, including a proposal to permit the blocking of some foreign purchases of real estate within 100 miles (160 kilometers) of military bases.

Rupee Surges For Seventh Day In A Row, Ends 22 Paise Higher

Business | Written by Abhishek Vasudev (With inputs from PTI) | Friday September 13, 2019

The rupee surged for a seventh straight session on Friday to close at 70.92 per US dollar, up 22 paise, as softening crude oil prices and easing US-China trade tensions bolstered investor sentiment, news agency Press Trust of India reported. The gain in rupee was in-line with other Asian currencies which rose following signs of rapprochement betwee...

Amazon Has 'Destroyed' Retail and Should Be Scrutinised, US Treasury Secretary Says

Abha Bhattarai, The Washington Post | Thursday July 25, 2019

US Treasury Secretary Steven Mnuchin said that he supported the Justice Department's efforts to look into Amazon because the tech giant has "destroyed the retail industry."

US Sanctions Firms Acting As 'Supply Network' For Iran Nuclear Enrichment

World News | Agence France-Presse | Friday July 19, 2019

The US Treasury named a group of companies in Iran, Belgium and China to its sanctions blacklist Thursday for acting as a supply network for Tehran's nuclear enrichment program.

Facebook Needs 'Very High Standard' For Libra Coin: US Treasury

World News | Agence France-Presse | Tuesday July 16, 2019

Facebook must meet "a very high standard" before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday.

Higher Yields Draw Carry Trades To Asian Bonds: Report

Business | Thomson Reuters | Friday July 12, 2019

Indian 10-year government bond's yield is 4.5 per cent over comparable US Treasuries, just behind Indonesia's spread of 5.2 per cent.

A First: US Puts Hezbollah Lawmakers On Sanctions Blacklist

World News | Agence France-Presse | Wednesday July 10, 2019

The US Treasury placed two Hezbollah members of Lebanon's parliament on its sanctions blacklist on Tuesday -- the first time Washington has taken aim at the Iran-allied group's elected politicians.

US House Panel Sues US Treasury, Revenue Service Over Trump's Tax Returns

World News | Reuters | Tuesday July 2, 2019

A House of Representatives panel filed suit on Tuesday against the US Treasury and the Internal Revenue Service, as it wrangled to obtain President Donald Trump's tax returns.

India Removed From US Currency Monitoring List, China Stays

World News | Indo-Asian News Service | Wednesday May 29, 2019

The US Treasury Department has removed India from its currency monitoring list of major trading partners. It, however, continued to keep China on its watch list, while urging the Asian nation to take necessary steps to avoid a "persistently weak currency". Renminbi

Facebook ‘GlobalCoin’ Cryptocurrency Planned for Launch in 2020, Testing to Begin This Year: Report

Tasneem Akolawala | Friday May 24, 2019

The company plans to setup a digital payment system in more than 12 countries by the first quarter of 2020, and it looks to start testing in the later part of 2019.

China, US Hold "Productive" Trade Talks In Beijing

World News | Reuters | Wednesday May 1, 2019

China and the United States held "productive" trade talks in Beijing on Wednesday and will continue discussions in Washington next week, US Treasury Secretary Steven Mnuchin said, as the two try to end their trade war.