CoinVoice has recently learned that U.S. Treasury Secretary Bessent stated that trade negotiations are currently ongoing, and he is more concerned with reaching a high-quality agreement rather than completing the agreement before August 1. Bessent mentioned that they are not in a hurry, but it can be imagined that the EU would prefer faster negotiations; however, at least the EU has become more engaged now. Their primary task is to secure the best agreement for the U.S. (on the issue of Japan).

Analysts have noted that Bessent's remarks indicate that there may likely be a 'delay tactic' re-emerging by August 1, so we can stay tuned. Meanwhile, regarding Powell, Bessent stated, 'Ultimately, this is Trump's decision regarding Powell.' He then added that they need to view the Federal Reserve as a whole institution. [Original link]