The United States Secretary of the Treasury (USA), Scott Besent, reaffirmed that commercial conversations between the US and China will begin in neutral terrain when the delegates of the two countries meet in Switzerland this weekend.
Key aspects
Besent refuses to say with which EE.U. countries could reach commercial agreements this week, stating that it would be harmful to US interests.
Some commercial negotiations are quite advanced towards agreements in principle.
Negotiations with China will begin on Saturday in Switzerland. Trump’s commercial advisor, Navarro, will not join the conversations with China in Geneva.
Conversations with China on Saturday are a beginning for negotiations, not advanced discussions.
The treasure market worked well in the April turbulence. We and the Fed have a very wide set of tools for treasure bonds.
There is broad support from investors for treasure bonds at auctions.
It is time for China to graduate from the country’s status.
USA will always fulfill your debt obligations.
Many banking regulations can be too strict.
The unrestricted ability to borrow has made the US more prolific.
The market can discipline us one day. We are working to avoid it.
The conditions for a strong dollar are important for trust.
I think the debt-PIB ratio will fall next year.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
