Secretary Scott Bessent said the negotiations alleviate the need for the 100% additional tariffs announced by US president Trump in October. United States Treasury secretary Scott Bessent said on Sunday that the US and China have made “substantial” progress on a trade deal framework, sparking investor hopes of reigniting the bull market. The proposed trade framework will likely remove the need for the 100% additional tariffs announced by US President Donald Trump on October 10, Bessent said. He added:Bessent’s comments follow weeks of easing trade tensions between the two countries, culminating in president Trump confirming the meeting with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit on October 31.Read more Secretary Scott Bessent said the negotiations alleviate the need for the 100% additional tariffs announced by US president Trump in October. United States Treasury secretary Scott Bessent said on Sunday that the US and China have made “substantial” progress on a trade deal framework, sparking investor hopes of reigniting the bull market. The proposed trade framework will likely remove the need for the 100% additional tariffs announced by US President Donald Trump on October 10, Bessent said. He added:Bessent’s comments follow weeks of easing trade tensions between the two countries, culminating in president Trump confirming the meeting with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit on October 31.Read more
US Treasury chief Bessent says 'substantial' trade framework with China reached
Secretary Scott Bessent said the negotiations alleviate the need for the 100% additional tariffs announced by US president Trump in October.
United States Treasury secretary Scott Bessent said on Sunday that the US and China have made “substantial” progress on a trade deal framework, sparking investor hopes of reigniting the bull market.
The proposed trade framework will likely remove the need for the 100% additional tariffs announced by US President Donald Trump on October 10, Bessent said. He added:
Bessent’s comments follow weeks of easing trade tensions between the two countries, culminating in president Trump confirming the meeting with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit on October 31.
Read more
Market Opportunity
Polytrade Price(TRADE)
$0.04894
$0.04894$0.04894
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Robert Kiyosaki Advocates Buying Bitcoin During Downturns
Robert Kiyosaki emphasizes buying Bitcoin, Ethereum, gold, and silver amidst economic pressures despite price volatility.
Share
CoinLive2026/01/26 05:27
SHIB Enters Demand Zone as Burn Rate Explodes 1,100%
Shiba Inu has dropped into a historically significant demand zone that has previously triggered major price rallies. The development comes alongside a dramatic
Share
Coinstats2026/01/26 05:03
Exclusive interview with Smokey The Bera, co-founder of Berachain: How the innovative PoL public chain solves the liquidity problem and may be launched in a few months
Recently, PANews interviewed Smokey The Bera, co-founder of Berachain, to unravel the background of the establishment of this anonymous project, Berachain's PoL mechanism, the latest developments, and answered widely concerned topics such as airdrop expectations and new opportunities in the DeFi field.
Share
PANews2024/07/03 13:00