Scott Beesen says a great opportunity for one

The US Secretary of America, Scott Beesen, said there is an opportunity for a “big deal” between the United States and China in trade.

When asked about a meeting between the two countries, Bessent said it would be an “incredible opportunity” to distribute an agreement, if China is “dangerous” to make its economy less dependent on manufacturing export.

“China needs to be changed. The country knows it needs to change. Everyone knows that it needs to change. We want to help it change because we need to balance it too,” he said.

Comments come at a time when the trade war has escalated between the world’s largest economists in recent weeks.

US President Donald Trump brought a number of definitions of imports to the United States, which he said aimed at increasing the manufacture of jobs and protecting the United States.

These include imports of 145 % on Chinese goods, but China has fell 125 % tax on American products.

Speaking at the Institute for International Finance on Wednesday, Bessent said it was “the issue of momentum and woe.”

“There is a great opportunity here, that the United States is looking forward to rebalancing more manufacturing, and the identity of this will be less consumed.

“If China is dangerous to the less dependence on the growth of export manufacturing, and a balance towards the local economy … if they want to restore balance, then do so together.”

The comments come after Bessent said on Tuesday that it is The escalation of the trade war is expected to make And that the current situation was “not a joke.”

Trump also said he is optimistic about improving trade relations with China, saying that the level of tariffs – or import taxes – imposed on Chinese imports “will decrease significantly, but it will not be zero.”

Tensions between China and the United States have rocked investors, with violent fluctuations in stock prices and sharp declines in dollars.

The shares rose on Wednesday in the hope that trade tensions between the United States and China may be easement soon.

Regardless of the trade war, Bessent called on the International Monetary Fund and the World Bank to re -focus on the basic missions of economic stability and development, on the pretext that they moved away from vanity projects such as “climate change, sex and social issue.”

“These issues are not the mission of the International Monetary Fund,” he said.

Tensions between countries shook financial markets, as the two sides presented a strong tariff on each other.

Andrew Billy, the governor of the Bank of England, said he “encouraged very frankly” through Bessin’s comments on the International Monetary Fund and the World Bank.

Although Mr. Bessent said that the International Monetary Fund and the World Bank are “short”, it did not call on the United States to withdraw from institutions as some conservatives pressed.

He said that the Trump administration will use us to influence these institutions and “push them to accomplish its important states.”