US Treasury Secretary Bessent: The quality of signing a trade agreement is more important than the timing of signing it
Powered by ChatGPTU.S. Treasury Secretary Scott Bessent stated that trade negotiations are currently underway, and he is more concerned with reaching a high-quality agreement than completing an agreement before August 1. Bessent said that they are not in a hurry, but he can imagine that the EU would like to negotiate faster, but at least the EU is now more engaged. His top priority is to secure the best deal for the United States (on the Japan issue). Some analysts say that Bessent's remarks indicate that "delaying tactics" are likely to occur again by August 1, so people can wait and see. At the same time, Bessent said on the issue of Powell, "Ultimately, this is Trump's decision on Powell." He then added that they need to examine the Federal Reserve as a whole institution. (Golden Ten) [Odaily]