Bessent: Trump Will Decide Whether to Extend Trade Talks
Odaily Planet Daily News: U.S. Treasury Secretary Bessent stated that former President Trump will decide whether to extend negotiations with trade partners beyond the July 9 deadline. When asked on CNBC on Thursday about the possibility of extending the deadline, Bessent said, "We will act according to the President's wishes, and it is up to him to decide whether they are negotiating in good faith." Bessent mentioned that he met with the EU trade representative on Thursday morning and noted that U.S. Trade Representative Greer will "work hard with European officials over the weekend." When asked about negotiations with Japan, Bessent said that no agreement has been reached yet, possibly due to the complexity of Japan's domestic politics. Regarding Vietnam, Bessent said his understanding is that an agreement has been "reached in principle," with the 20% tariff announced by Trump being a core part of the deal, and that this will not be added on top of the general 10% tariff. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
