Treasury Secretary Steven Mnuchin called reports of President Donald Trump threatening to pull out of the World Trade Organization an "exaggeration."
Axios first made the report, citing anonymous sources.
In an interview with Fox on Friday, Mnuchin told Maria Bartiromo that President Trump has concerns about the WTO being unfair but that the administration remains focused on free trade.
And according to Bloomberg, an official with the WTO said the organization has "not heard anyone express this to us at any level of the U.S. government."
The report comes in the midst of a looming trade war between the U.S. and China.
Additional reporting from Newsy affiliate CNN.