Bessent: 90-day pause, rebalancing, medicines & semiconductors, supplies from allies, no decoupling


Bessent: 90-day pause & substantially moved down reciprocal tariffs, will move their tariffs down 115%
https://www.facebook.com/HygoNewsUSA/videos/706222491944731
Sec Scott Bessent: “We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%.”

Bessent: upside surprise for me: They brought Deputy Minister for Public Safety. robust & highly detailed
https://www.facebook.com/HygoNewsUSA/videos/1248816186660240
Sec Scott Bessent: “The upside surprise for me from this weekend was the level of Chinese engagement on the fentanyl crisis in the United States. They brought the Deputy Minister for Public Safety… and he had a very robust and highly detailed discussion.”

Bessent: strategic rebalancing, supply chain medicines, semiconductors, steel, independence or supplies from allies, neither side decoupling
https://www.facebook.com/HygoNewsUSA/videos/1205724694580460
Sec Scott Bessent: “I would say one of the big takeaways from this weekend — the United States will continue a strategic rebalancing in many areas that were exposed as supply chain weaknesses during COVID, whether it’s medicines, whether it’s semiconductors, steel… We will continue moving toward U.S. independence or reliable supplies from allies on those — but the consensus from both delegations this weekend is neither side wants a decoupling.”

US Trade Rep Ambassador Greer: “Both the Chinese and the United States agreed to work constructively together on fentanyl and there’s a positive path forward there as well.”

Bessent: 90-day pause, strategic rebalancing, medicines & semiconductors, supplies from allies, no decoupling

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