【U.S. Treasury Secretary Mnuchin: Trade issues are expected to be resolved by the end of October】Golden Finance reported that U.S. Treasury Secretary Mnuchin stated in an interview with Nikkei News that President Trump's tariff policy aims to bring manufacturing back to the U.S. When evaluating the effects of Trump's economic policies since he took office, Mnuchin said, "Trump's economic policy is like a 'three-legged stool'—taxes, trade, and deregulation. In terms of taxes, we have completed the (Tax Cuts and Jobs Act) at a record pace, which was signed into effect on July 4. Regarding trade, I believe we can basically complete the relevant work by the end of October. As for deregulation, this is an ongoing effort, and it has been clearly required: for every new regulation introduced, ten old regulations must be eliminated." Mnuchin stated that the main reason for the shift from trade policy to tariff policy is to rebalance. "Over time, tariffs should act like a melting ice cube. If production returns to the U.S., then our imports will decrease," he said. (Zhitong Finance)