U.S. Treasury Secretary Benson emphasizes that the priority is to achieve a high-quality agreement rather than hastily completing negotiations before August 1.

Trade negotiations are still ongoing with the active participation of the EU, while the United States focuses on optimal interests regarding Japan. Regarding Powell's appointment, the final decision rests with former President Trump.

MAIN CONTENT

  • Secretary Benson is not rushing to conclude negotiations before August 1 but prioritizes the quality of the agreement.

  • The EU is increasing its involvement in negotiations but may want a faster pace.

  • The issue of Powell's appointment is Trump's decision, based on an overall assessment of the Fed.

How is U.S. Treasury Secretary Benson assessing the progress of trade negotiations?

Mr. Benson affirmed that the United States prioritizes high-quality agreements and is not rushing to complete negotiations before August 1st. This perspective is based on years of experience in trade negotiations to avoid negative consequences from hasty agreements.

He stated that the EU is currently more actively involved, although there may be pressure to expedite the negotiation process. However, the United States is focusing on ensuring national interests, especially regarding issues with Japan.

"We are not required to conclude negotiations before August 1, but the focus is on reaching a genuinely valuable agreement."

Janet Benson, U.S. Secretary of the Treasury, July 2024

What factors influence the negotiation process between the United States and the EU?

The EU's desire to accelerate progress may increase the pace of negotiations, but the United States, with its experience in managing complex diplomacy, has emphasized that agreements must be sustainable and beneficial for the country. According to many analyses, delay tactics may appear until early August to create strategic pressure.

What is Benson's view on the appointment of Fed Chair - Powell?

Benson stated that the final decision on reappointing Powell rests with former President Trump, emphasizing that the assessment must be based on the overall role and effectiveness of the Fed as a key financial institution.

"Ultimately, this is President Trump's decision, and we need to view the Fed as a whole for an accurate perspective."

Janet Benson, U.S. Secretary of the Treasury, July 2024

The current state and importance of assessing the Fed in the current context

The Fed is an important monetary policy governing body that has a strong impact on global markets. The selection of the Fed Chair significantly influences policy direction, changing the sentiment of cryptocurrency markets and financial activities. Comprehensive assessments reflect a deep understanding of the overall financial system. According to a report from the U.S. National Economic Council in 2023, the stability and predictability of Fed policy have helped reduce market volatility.

What can we expect from the negotiation results and decisions regarding the Fed in the near future?

Analysts predict that the United States will continue to prioritize strategies to protect national interests through negotiations, while the appointment of Powell or a new choice will depend on the need to maintain stability to adapt to complex global economic conditions.

Frequently Asked Questions

Did Minister Benson mention when the negotiation would end?

He prioritizes a quality agreement over rushing to conclude before August 1, indicating that the timeline is not fixed under time pressure.

What role does the EU play in the current negotiations?

The EU is actively involved and wants to expedite progress; however, the United States still proactively controls the negotiation strategy.

Who decides the appointment of the Fed Chair this week?

The final decision rests with former President Trump based on a comprehensive assessment of the Fed's role.

Why is the assessment of the Fed important in the current economic context?

The Fed's monetary policy direction affects global financial and cryptocurrency markets, assessing helps stabilize and predict the financial future.

Will there be any negotiation delay tactics?

Many experts believe that the possibility of delays is appearing to allow for thorough negotiations, avoiding the risks of hasty agreements.

Source: https://tintucbitcoin.com/thoa-thuan-thuong-mai-chat-luong-tren-thoi-gian/

Thank you for reading this article!

Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!