U.S. Treasury Secretary: "Foundation Laid for U.S.-China Agreement...Ready to Make a Deal"
JOON HYOUNG LEE
Summary
- U.S. Treasury Secretary Scott Bessent indicated the possibility of concluding the U.S.-China trade negotiations.
- Secretary Bessent stated that the foundation for an agreement has been laid and that they are ready to make a deal.
- He mentioned that there are still technical details remaining and that the agreement is not yet 100% complete.
Scott Bessent, the U.S. Secretary of the Treasury, suggested the possibility of concluding the U.S.-China trade negotiations.
In an interview with U.S. CNBC on the 31st (local time), Secretary Bessent stated, "There are still a few technical details remaining, but the foundation for a (U.S.-China trade) agreement has been laid," and added, "I am confident an agreement will be reached, but it is not 100% complete yet."
Secretary Bessent emphasized, "We are ready to make a deal with China." He also said, "I have not yet discussed this issue with President Donald Trump," and "China is strong in negotiations, but so are we."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul