The establishment of three new investment offices in Israel illustrates the influence Israel's economy – and particularly its high-tech sector – has on the global market.
Mnuchin spoke during a visit to Israel, where his host, Prime Minister Benjamin Netanyahu, also condemned Wednesday's storming of the US Congress.
This annual economic policy dialogue between the two nations has been held since 1985.
If any country proceeds with a digital service tax, the US threatens “appropriate commensurate measures.”
The events on the grounds of the former Nazi camp will be held on Jan. 27, 2020, the anniversary of the Soviet army’s liberation of the camp in 1945.
IDF Chief of Staff Lt.-Gen. Aviv Kochavi and Prime Minister Benjamin Netanyahu have warned in recent days of the increased threat posed by the Iran.
"We have executed on a maximum pressure campaign for sanctions. They have worked, they are working, they are cutting off the money," Mnuchin said.
The Trump administration is not closing the door to potential nuclear talks with Iran by sanctioning Zarif, who it does not consider a significant decision maker, a U.S. official said.
The Wall Street Journal said Trump has also expressed displeasure with Mnuchin over stock market turbulence and the Treasury secretary's skepticism about the White House trade actions against China.
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