WASHINGTON - US Treasury Secretary Steven Mnuchin emerges as the chief opponent of the Trump administration's increased reliance on economic sanctions in Mr John Bolton's new book, worried that an over-reliance on such measures will weaken the global primacy of the dollar.
Mr Mnuchin said in a statement Thursday that the excerpts of the book he reviewed"are full of lies and factual inaccuracies" and that"the Treasury Department has deployed our sanctions authorities with unprecedented effectiveness to address a broad range of threats." "In the administration's early days, Mnuchin relished the publicity he received when imposing new sanctions, but when things got stickier and more complex, he became more and more jumpy," Mr Bolton writes.
"As Commerce Secretary Wilbur Ross, said to me in April, 'Stephen's more worried about secondary effects on US companies than about the mission,'" Mr Bolton writes."Which was completely accurate."
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