Treasury Secretary Baysent says we have a ‘agreement’ with China
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Treasury Secretary Scott Bestern on Thursday expressed confidence that the US and China rates are on the verge of trade almost.
During the interview on CNBC’s “Squalk Box”, Besent said, “I believe we have a contract.” “There are still some technical details to create some technical details on the Chinese side. I am sure it will be done, but it did not happen 100%.”
Bessent did not provide any details on how the final agreement with China would look.
However, he emphasized that he had not yet discussed the matter with President Donald Trump, saying that both sides had spoken for two days.
He said, “Chinese are harsh negotiations. We are also difficult,” he said.
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