U.S. and China Put Trade War and Tariffs On Hold

Helmholtz Watson

US Treasury secretary Steven Mnuchin on CNBC TV

Changes to CFIUS is an attempt to strengthen investment controls
No significant economic impact to arise from the decision
Not singling out China Certain countries will receive heightened review under changes to CFIUS
If Congress doesn’t pass CFIUS legislation quickly, Trump can direct Treasury through an executive order to apply the same provisions
Expect a “big” Q2 GDP number