The US Treasury Secretary, Scott Besent, spoke on Monday, playing several issues about the commercial strategy in constant evolution of the Trump administration. The current details about the US Directorate in foreign trade remain incredibly fluids, since the figures promoted by the key Trump administration officials continue to change.
Key points
We believe that we can bring the growth back to 3% for this time next year.
We can reduce the Congress Budget Office (CBO) for some time this year.
We are very close to some commercial agreements, perhaps as soon as this week on trade agreements.
I have a lot of confidence that 17 commercial partners, excluding China, have presented very good commercial proposals.
We could see substantial progress in commerce with China in the coming weeks.
We want to reduce the federal deficit by perhaps 1% per year.
We are trying to create the best environment for stable rates.
Private credit growth is a sign that banks are too regulated.
China has only offered what they have said publicly.
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.
