US economy untouched by trade war: Mnuchin
US Treasury Secretary Steven Mnuchin on Monday said America's economy was unscathed after more than a year of entrenched trade conflict with China and Europe.
The remarks brushed aside concerns prompted by recent economic data showing slower employment growth, falling business investment and a weakening manufacturing sector, which have intensified recession warnings.
"I don't see in any way a recession," Mnuchin told Fox Business.
"There's no question there's been a considerable slowdown in the world economy both in China and in Europe but as you look at the US, we continued to be the bright spot."
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