Bessent declines to comment on WSJ story on lowering tariffs on china, but he added that there is no unilateral offer from Trump to cut China tariffs right now. Markets reverses early gains on this news.
Other comments from Bessent:
- No Unilateral Offer From Trump On Cutting China Tariffs
- ‘Would Not Be Surprised’ If Tariffs Went Down In A Mutual Way
- Full China Trade Deal Could Take 2-3 Years
- Both US, China Are Waiting To Speak To The Other Side
Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher
Oil surges 11% amid escalating Middle-East conflict 📈VIX gains driven by fear on Wall Street
BREAKING: Iran signals Europe will be 'a legitimate target' if EU joins war
Bitcoin loses the momentum again 📉Ethereum slides 5%