US Treasury Secretary Bessent talks about trade negotiations with China: he will meet with Trump tomorrow on tariffs on China, and there are still some technical details to be resolved; the decision to extend tariffs on China will be decided by Trump, and Trump will have the final say on whether to extend the August 12 deadline; we know more about China's agenda and hope that China's 5-year plan will include rebalancing; 90 days is an option to extend the trade truce; the fentanyl sector could be stronger; if Trump did not approve the extension of the tariff suspension, tariffs on Chinese Commodity will return the “boomerang” to the level of April 2, or he Other levels selected; another China conference may be held in 90 days, and we hope to see lasting progress. Trump's trade adviser Greer said that a 90-day extension was an option approved by Trump.
Bessent: Trump will have the final say on whether to extend the August 12 deadline
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