The market’s, upon hearing this, have posted Gains Today….
We’ll see if Trump has Sec. Basset pull this postion back….
“Treasury Secretary Scott Bessent told a closed-door investor summit Tuesday that the tariff standoff with China is unsustainable and that he expects the situation to de-escalate,” Bloomberg reports.
“Bessent added that negotiations haven’t started but that a deal is possible.”
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Told ya so…
Trump ‘Setting the Stage’ for Trade Deal with China
White House press secretary Karoline Leavitt told reporters the Trump administration was “setting the stage for a deal with China” on trade as administration officials seek to reassure nervous financial markets and investors that progress with Beijing could be imminent, The Hill reports.
Politicalwire
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