🇺🇸 **US Treasury Secretary:**
✔ Tomorrow I will meet with Trump—we will discuss suspending Chinese tariffs.
✔ Some technical details remain regarding the suspension of tariffs on China.
✔ Trump will make the final decision on extending tariffs on China.
✔ Trump will make the final call on the "tariff truce" with China.
✔ We now have a much better understanding of China's economic strategy.
✔ We hope China's new five-year plan will include resource redistribution.
✔ The fentanyl situation could be more stable.
✔ We want to see steady progress in negotiations.
✔ If Trump does not extend the tariff freeze, duties on Chinese goods will return to April 2 levels—or whatever he deems appropriate.
✔ The next meeting on China will likely take place in 90 days.
✔ We are not satisfied that China continues to buy Russian oil.
🇺🇸 **US Trade Representative Jamieson Greer:**
✔ We discussed sectoral tariffs with China.
✔ We are considering a 90-day extension (until November 10) as one possible option—final decision rests with Trump.
✔ We see improvements in magnet supplies for US companies.
✔ We will ensure magnet supplies—this is our priority.
✔ We are discussing details of a possible tariff suspension with China.
✔ We no longer want to revisit the magnet issue.
✔ We simply need continued magnet supplies from China.
✔ We are ready to move forward in negotiations once the magnet issue is resolved.