#TradeWar 🇺🇸 **Kevin Hassett, economic advisor to Trump:**
- Buying US government bonds is the safest bet on Earth.
- Moody's decision is retrospective.
- The debt ceiling will be raised with the adoption of a massive tax bill.
- The attractiveness of US government bonds will increase even more.
- I won't be surprised if more trade deals are concluded this week.
❗️15 countries are close to concluding a trade deal with the US.
- We will closely monitor what the Chinese have agreed to.
🇪🇺 **FOX:**
- Trade negotiations between the US and the EU are delayed due to internal disagreements within the EU regarding the approach to the agreement.
- According to sources in the White House, the process is still far from completion.
- The situation remains unstable, and developments can change rapidly.
- While the deal with China happened faster than expected, the agreement with the EU looks more complicated.
🇨🇳 **Chinese Government:**
- A statement has been released regarding the US's correction of chip export controls.
- The US is undermining the consensus reached at the Geneva negotiations.
- We ask the US to correct their mistakes.
❗️We promise to take countermeasures if the US does not correct the situation and continues in the same vein.