The United States plans to complete all trade negotiations by the end of October!

U.S. Treasury Secretary Scott Bessen said that the United States plans to complete negotiations with countries that did not finalize trade agreements before the August 7 U.S. tariff took effect, "I believe we will complete this process by the end of October."

Bessen believes that one of the conditions for relevant countries to lower tariffs is to balance the U.S. trade balance, "If production returns to the United States, we will reduce imports, which is how we balance the trade deficit."

Bessen emphasized that the President of the United States not only uses tariff policies to increase revenue and protect American entrepreneurs, but also uses them as a tool for diplomatic policy negotiations, "For example, he now says he wants India to stop buying Russian oil."

Original: www.toutiao.com/article/1840142485251084/

Statement: This article represents the views of the author.