The Treasury opponent is residential to say “We have machines of a deal with China”

Secretary of Finance Scott Bessent stated that the US trusts the US and China are on the way to the trading treaty.

“I think we have machines of a deal,” the sun said in a CNBC interview “Squawk Box. There are still some technical details that need to be dealt with among us. I’m sure it’s going to be, but it didn’t do 100%. “

Bessent did not give details what the last deal of China would be like.

However, he has still stressed that it has not been discussed with the President Donald TrumpConsidering that both parties have negotiated two days in two days that he was “hard” in talks. Trump said he should have signed personally with China.

“Chinese are tough negotiators. We are hard too,” he said.

Today, both sides are exchanged on top of the rates before launching aggressive duties on each other. They have had a neighborhood up to 12 agreement. The US established 145% duties about Chinese imports, while China dealt with a rate of 125%.

Since then, the US fell to 30% while China cuts to 10%.

The US indicated to buy Iranian oil in China and supply it with technology that could be used in the battlefield of Russia.