#TradeWar 🇺🇸 **US Treasury Secretary:**
- Trump's policies are starting to bear fruit.
- We are negotiating with 17 out of 18 key trading partners.
❗️Negotiations with China have not started yet.
- Many partners have presented the US with favorable trade offers.
❗️The first trade deal could be reached this week or the next.
- I expect a significant reduction in tariffs on American goods.
- No macro data indicates a recession in the US.
- I expect a revision of the GDP data for the 1st quarter upwards.
- Tax collections will be stable, and artificial intelligence will enhance the efficiency of the tax system.
- An updated estimate for reaching the debt ceiling (X-date) will be presented soon.
❗️The US will never allow a default; we will raise the debt ceiling.
- We will not resort to tricks or loopholes to bypass the debt limit.