US Treasury Secretary Bessent is speaking in a Senate Appropriations subcommittee hearing
Says countries negotiating in good faith could see trade deadlines rolled forwardWe are looking to insert fairness into China trade relationshipChina trade fairness could come thru reduced exports to U.S., or through a rebalancing of world’s two largest economies
On other matters:
Says stablecoin legislation backed by U.S. Treasuries will expand US dollar usageTrump Administration is committed to keeping dollar’s reserve currency status
This article was written by Eamonn Sheridan at www.forexlive.com.