Bessent Optimistic About US-China Trade Deal Amid Progress in TikTok Negotiations

Reported about 4 hours ago

US Treasury Secretary Scott Bessent expressed confidence that a trade deal with China is nearing completion during discussions in Spain, highlighting productive talks as reciprocal tariffs approach. He anticipates further negotiations before the November deadline and expects a resolution regarding TikTok following talks between President Trump and Xi Jinping. Meanwhile, legal challenges to Trump’s tariffs loom, which could have significant implications for US economic policy.

Source: YAHOO

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