US Treasury secretary Bessent: China are tough negotiators

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We pushed back on them quite a bitWe have the makings of a dealWill speak to Trump later today about 12 August deadline with ChinaConfident that it will be doneI don't know what's going to happen on IndiaIt will be up to them (India), our trade team is frustratedWe pulled down a lot of the non-tariff trade barriers for South Korea dealThese are mostly token remarks in summarising how things have played out so far this week. With regards to an extension of the trade truce with China, do be wary that we could be seeing a potential set up for a Trump-Xi meeting for late October as well. This article was written by Justin Low at investinglive.com.