#TrumptaxCuts
Urgent: The United States holds China responsible for reaching a trade agreement.
U.S. Treasury Secretary Scott Pisent placed the responsibility for reaching a trade agreement on China during an interview on Monday.
Pisent stated during an interview with CNBC's "Squawk Box": "I think China needs to de-escalate tensions, as they sell us five times what we sell them, so these tariffs of 120% and 145% are unsustainable."
These comments come amid market tensions regarding the direction of tariffs following President Donald Trump's announcement on April 2 of broad global tariffs. A week later, Trump stated that he would keep the overall tariffs at 10%, but would delay implementing stricter tariffs for 90 days on individual trading partners.
Since then, the United States has made progress in negotiations, according to Pisent, pointing to India as a potential deal in the coming days.
Buy and Trade$BTC
