Mnuchin Works Closely With USTR on China IP Issues, He Tells Sasse

Treasury Secretary Steven Mnuchin worked closely with U.S. Trade Representative Robert Lighthizer on forced technology transfers in China, and Huawei is discussed on an interagency basis, Mnuchin told the Senate Banking Committee Tuesday. He responded to Sen. Ben Sasse, R-Neb., asking why the government hasn't placed sanctions on Huawei. Sasse acknowledged that “Lighthizer has been a little bit of a pit bull,” saying “this is an increasingly bipartisan issue that Republicans and Democrats believe it's important to hold these faux private companies to account.” For other news in this issue on Huawei, see 2005200039.