💥 Treasury Secretary Bessent Praises China's Compliance: "Done Everything We Negotiated" 🇨🇳🇺🇸
U.S. Treasury Secretary Scott Bessent delivered a notable update on the state of U.S.-China trade relations, confirming that Beijing is currently meeting its commitments.
In a recent interview, Bessent stated, "So far China has done everything we negotiated," offering a positive assessment of their adherence to existing agreements.
Key Takeaways from the Update:
Current Compliance: China is "living up to every part of negotiations so far."
Focus on Future: Despite current compliance, the administration is urging China to make further adjustments to rebalance trade—specifically by boosting domestic consumption.
Next Phase: This acknowledgment sets the stage for future discussions aimed at achieving a more equitable and sustainable long-term economic relationship.
This statement suggests a period of successful implementation following the trade deals, even as both nations prepare for the next round of structural discussions.
