#AirdropFinderGuide US Treasury Secretary Scott expects a de-escalation of trade tensions between the US and China in the near future, potentially leading to a trade agreement. characterized the current tariff regime as "unsustainable" and predicted that tensions would ease in the coming months. Here's what's happening¹:
- *Tariff Levels*: The current tariffs are at 145% on Chinese imports and *: While formal negotiations haven't begun, is optimistic about an imminent agreement, which could take 2-3 years to finalize.
- *Market Reaction*: comments triggered a market rally, with the S&P 500 and Nasdaq gaining 2.5% and 2.7%, respectively.
- *White House Stance*: White House Press Secretary echoed sentiments, stating that the US is "doing very well" in terms of a potential trade deal with China.
- *Broader Trade Deals*: The Trump administration is also pursuing broader trade agreements with other countries, including Japan and India, with framework agreements reportedly nearing completion.#TariffPause $SOL