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In the context of trade uncertainty, the large monetary show panel is heavy on the impact of tariffs in the conditions of trade uncertainty.
Secretary of the Treasury Scott bet On Tuesday, an investor summit explained that the United States expects the impact of US tariffs and said that the Fox business will be studied for both countries.
Bessent, in the event of the start of negotiations, a deal was possible, a source in the investor summit was reported to Fox. The summit was adopted by media and public and JPMorgan Chase. Bloomberg gave the first news.
The Treasury Secretary added that these trade talks will take time, but the status quo with high tariffs was not continued with both sides.
President since he began in January Donald Trump More tariffs in China, including 20% duties related to Fentanyl crisis, 125% of the “mutual” tariff that brings 145% to 145%. Certain goods are also subject to additional tariffs between 7.5% and 100%.
Treasury Secretary Scott Bessent said he thought he thought he would not look at the time of trade dispute with China. (Via Luis Robayo / AFP Getty Images / Getty Images)
This The Chinese government As of April 125, a new rate was revealed in the United States in the United States.
Among the efforts of the Trump Administration to start trade with trade partners, China has threatened to take action against other countries that deal in the United States
“China is firmly opposes to any aspect that follows the deal of China’s interest.” The Chinese Ministry of Trade is announced on Monday. “If this happens, China will never accept it and mutually confronted. China can maintain their rights and interests.”
“Conviction will not bring peace and compromised,” the statement continued.
China threatens us to ‘reverse directions against the soothing country
President Donald Trump’s leadership is negotiating trade transactions with US trading partners after the application of “mutual” tariffs in all countries. (Chip Somodevilla / Getty Images / Getty Images)
Trump management, said that 75 countries have reached the United States to negotiate Trade dealsThe White House spokesman Karoline Leavitt said he was “18 offers on paper” for Tuesday, Trade Deals.
Last week, President Trump, Washington and Beijing could reach a short trade deal in three to four weeks, he said.
“They reached several times,” Trump said, referring to high-level Chinese officials. When the US tariffs grew up to 145%, the President replied: “Many” answered.
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Chinese, you have promised to fight the trade war “Until the end,” the United States “corrects the correct attitude of equality, respect and mutual benefits,” he will come to the table for negotiations.
Fox work ‘Stephen Sorace contributed to this report.
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