US Treasury Secretary: 'I don't see in any way a recession'

US Treasury Secretary Steven Mnuchin on Monday said America's economy was unscathed after more than a year of entrenched trade conflict with China and Europe. "We have not seen any impact on the US economy," he told Fox Business.

"There's no question there's been a considerable slowdown in the world economy both in China and in Europe but as you look at the US, we continued to be the bright spot."