Treasury's Mnuchin sees U.S. GDP growth
less than 3% in 2020
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[February 08, 2020]
WASHINGTON
(Reuters) - Treasury Secretary Steven Mnuchin said on Friday he expects
2020 U.S. GDP growth to be less than 3%, partly due to problems at
Boeing Co <BA.N>, which halted production of its 737 MAX planes over
safety issues. |
U.S. Treasury Secretary Steven Mnuchin takes part in a Q&A session at
Chatham House in London, Britain, January 25, 2020. REUTERS/Henry
Nicholls |
"I
think our projections have been reduced because of Boeing and in
other impacts, so it will be lower. I think we would have hit 3%
but again, Boeing has had a big impact on our exports being the
largest exporter," Mnuchin said in an interview on Fox Business
Network.
(Reporting by Eric Beech and Mohammad Zargham; editing by Grant
McCool)
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