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US Treausry Sec. Bessent: Talks in Geneva with China resulted in a mechanism to avoid escalation
World FX news
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US Treausry Sec. Bessent: Talks in Geneva with China resulted in a mechanism to avoid escalation
New
2025.05.13 15:38
2025.05.13 15:38
2025.05.13 15:38
US Treasury Secretary Scott Bessent said on Tuesday that "talks in Geneva with China resulted in a mechanism to avoid escalation."
Additional quotes
- President Trump wants to rebalance the US economy.
- China needs to rebalance towards consumption economy.
- We do not want a generalised decoupling between the two largest economies in the world.
- United States will bring medicine, semiconductor and other strategic industries home.
- Very productive discussions with Japan.
- Focused on Asia deals, Indonesia has been very forthcoming, Taiwan presented very good proposals.
Last updated
: 2025.05.13
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2025.05.13 18:59Disclaimer:
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