🇺🇸 Donald Trump and the U.S. Treasury: A New Phase in Trade Diplomacy

🔹 Trump:

— India is ready to eliminate all tariffs on U.S. goods — a key step toward a trade alliance.

— Treasury Secretary Scott Bessent is building a stable dialogue with China.

— Apple has been asked not to shift production to India.

— Creating a sovereign wealth fund is a lower priority than reducing national debt.

🔹 Bessent:

— The next 90 days will be critical for trade agreements.

— A new negotiation channel with China has been opened — a safeguard against future escalation.

— A series of strategic consultations has been launched to solidify progress.

📉 For now, it appears to be a rhetorical shift: a focus on de-escalation and pragmatism. If actions follow, markets could respond positively.