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US Treasury Secretary Scott Bessent said in a speech on Tuesday tariffs Show against Chinese It is unstable and he is waiting for “escalation” in the trade war between the two largest economies around the world.
However, in a special speech for Washington JPMorgan Chase, Bessent also said that the talks between the United States and China should be officially launched. US President Donald Trump In China, which opposes 125% of US goods, 145% and 95% of import taxes.
Trump has placed tariffs in several dozens of countries, increased interest rates to increase the US debt for more slow economic growth and higher inflationary pressure.
The details of Bessent’s speech were approved by two people who introduced their anonymity to discuss them.
“I say that China will be a slogger in terms of negotiations,” he said, according to a transcript obtained by the Associated Press. “No party thinks the status quo is sustainable.”
S & P 500 stock index increased by 2.5% Bessent’s speech was first reported after Bloomberg news.
Trump admitted that the increase in the stock exchange in the exchange in the exchange on Tuesday, but he also thought that the situation with China was not thought to be behind closed doors.
“We work well with China,” said Trump.
Despite the high tariffs, Trump said that he would be “very beautiful” and Hardball with Chinese President Xi Jinping.
“We will live very happy and ideal together,” said Trump.
The US president said that the current 205% of the latest tariff rate will be “important”.
“It will not be so high, it will not be that,” said Trump.
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Trump Administration, Japan, India, South Korea, European Union, Canada and other nations from Mexico met for negotiations from colleagues, Canada and Mexico. However, Trump, looking for other peoples to cut its import taxes and said that the leadership wants the non-tariff barriers, it did not openly plan to retreat its main 10% tariff
On Monday, China warned other countries against trade deals with the United States, which can negatively affect China.
He definitely opposes any parties to the deal with the interests of China, “he said.
White House spokesman Karoline Leavitt, Trump administration received 18 offers from other countries to trade in the United States, “everyone wants to see everyone’s trading deal.”
Trump: ‘Our Fed Chair Shooting’ has no intention ‘
Uncertainty about the tariffs for tariffs in financial markets, the federal reserve to reduce the interest rate of benchmark, federal reserve, Federal Federation, said that the Federation President Jerome Powell could burn Jerome Powell.
Leavitt said that Trump, Fed, “For the American economy”, on the behalf of the policy, the opposite percentage was a stable percentage due to the impact of tariffs. “
Trump later said that they wanted Powel to “be early” and offered it to be early in prices and planned to fire the Fed.
Trump does not intend to shoot him in a statement to journalists, “he said.
Powell, Trump’s tariffs said that more slowly growth and higher inflation pressures and higher inflation pressures.
The president’s energy and grocery prices must reduce the fed, benchmark rates, because inflation is no longer a threat to the US economy, but Trump said. His words said that this plans to use the tour pulpit, who opposed the political pressure against political pressure against political pressure, which opposed the powers to stabilize prices and make their employment makeup.
Trump’s frustration led to broadcasting him on social media last Thursday: “Powell’s termination can not come fast enough!”
The Fed Department expires in May 2026.
Tuesday, Trump, Trump, Powell continued to stop weather conditions, although the Fed chairman said the president would remain in the case, despite the fact that inflation is no longer a problem.
“All downs down” said Trump. “The only thing that has not been lowered but has not done a lot. He should reduce the proportion of the Fed.
Trump again attacked Powel on Monday on Monday, “There is almost no inflation,” Trump said.
Last week, the statement was built by Trump in a statement, he said he believed in the fire of the dawn, An action that shakes financial markets and frightened investors These interest rates may be subject to politics instead of economic grounds.
“If I wanted him, he will leave a true fast, believe, Trump, last Thursday in the oval office. “I’m not happy with him.”
The Fed impolited the degree of federal funds affecting the money supply, which further reduced the ratio of federal funds and the interest rate that banks can charge each other each other. This ratio is a full percentage of time since 4.33% of inflationary pressures are easily visible.
Fed, this ratio after this ratio during the presidency of Joe Biden, in 2022, an additional product of the global economy, which was restored in Ukraine’s Covid-19 Pandemic and higher energy and food prices.
However, Powell was also ready to challenge the President’s trade policy. Last week he said in the speech of Chicago The Trump’s tariff policies damaged the US economy, and a direct warning to the white house trying to sell import taxes in a long-term positive for the country.
“The level of tariff growths, which has been declared so far, is expected, which will probably cover higher inflation and slower growth,” Powel said in Chicago’s economic club last week.
