Thursday, 27 February, 2020

US Treasury chief Steven Mnuchin optimistic about US-Britain trade deal

Swedish environmental activist Greta Thunberg attends the World Economic Forum in Davos Switzerland Tuesday Jan. 21 2020 Swedish environmental activist Greta Thunberg attends the World Economic Forum in Davos Switzerland Tuesday Jan. 21 2020
Travis Berry | 27 January, 2020, 00:29

"If we can push companies into the direction of actually anticipating the transition, pricing it, and making sure that they move to cleaner and cleaner energy uses, then it helps", she said. "I just don't want to kid ourselves".

"We're focused on trying to get this done this year because we think it's important to both of us", he told the audience.

"One of the things I've clearly learned as treasury secretary, I'm very careful about my comments on the dollar, because two years ago in Davos, I sneezed, and I said something that I thought was completely calm, and all of a sudden the markets went insane", he told the audience.

The summit broke up with most delegates agreeing there's a big problem but little consensus on what should happen next.

Her speech received praise and even President Donald Trump's daughter Ivanka Trump, a senior White House aide who joined him at the forum this week, reportedly said Thunberg has an "elevated awareness and that's a positive thing". Thunberg is to hold a "school strike" demonstration in Davos on Friday.

Prior to her post, Mnuchin sparred with the teenager over whether the United States should divest from fossil fuels.

US to begin screening travelers from central China for deadly virus
Thailand reported a second case of pneumonia on Thursday , a 74-year-old Chinese woman from Wuhan who has been quarantined. Pedestrians wear protective masks as they walk through a shopping district in Tokyo Thursday, Jan. 16 , 2020.

"The situation is not being treated like the crisis it is", she said alongside fellow activists Vanessa Nakate of Uganda, Loukina Tille of Switzerland, Luisa Neubauer of Germany, and Isabelle Axelsson of Sweden.

'And this is going back to the president during the campaign, he said, post-Brexit, they'll be at the top of the list'.

Earlier this week, Mr Mnuchin threatened new tariffs on United Kingdom carmakers after the chancellor defied U.S. pressure to cancel the tax.

Some commitments from the conference could come to light in coming days.

Trump had launched an extraordinary attack on environmental campaigners in a speech to the World Economic Forum (WEF) on Tuesday, saying they were "perennial prophets of doom" and the "heirs of yesterday's foolish fortune tellers". The conference has not yet disclosed how many firms signed on.

Asked by a reporter if Britain's plan to implement a digital services tax on US technology giants such as Facebook and Google could hinder the trade negotiations, Mnuchin said that he discussed the issue on Saturday with Javid. "Waiting for the others is a possibly very unsafe strategy".

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