Treasury Secretary Steven Mnuchin said the Trump administration won’t apply tariffs on Chinese imports to the U.S. while the two countries hammer out details of a deal to reduce the yawning U.S. merchandise trade deficit with China. “We’re putting the trade war on hold,” Mr. Mnuchin said in an interview on Fox News Sunday, while the two countries “try to execute the framework” of a deal to reduce China’s $375 billion annual trade surplus with the U.S....

Source: Wall Street Journal May 20, 2018 16:20 UTC