The Secretary of the United States (US) Treasury Scott Bessent spoke on Monday, touching on a variety of topics related to the constantly evolving trade strategy of the Trump administration. The actual details of the US foreign trade instructions remain incredibly smooth as Trump's main administration officials have continued to change.
Main highlights
We think that the growth of the next year will be 3%.
The Congress Budget Office (CBO) will be able to get down sometime this year.
We are very close to trade transactions, and may -off to trade transactions this week.
I am very sure that 17 trading partners, except China, have made very good trade proposals.
In the coming weeks, we saw important progress with China.
We want to reduce the federal deficit by 1% per year.
We try to create the best environment for stable prices.
The growth of private credit is a sign that banks are too tightly regulated.
China has only offered what they have publicly said.
