It’s great that mutual finger-wagging has been replaced by negotiation talks, and that’s what Bessent is doing these days. While the US Treasury Secretary continues negotiations, communication between the EU and China is strengthening again. All this means that we may soon reach the calm waters that cryptocurrencies need. So what did US Trade Representative Greer say? His explanations continue.
USA-China and Cryptocurrencies
cryptocurrency Investors are used to Trump’s finger wagging. There’s a great pattern here. First China does something and then trump They wag their fingers, and China wags their fingers, too. In the second stage, negotiations begin and in the third stage, the agreement is signed. We’ve seen this twice with China, and this is the third iteration we’re in. Moreover, we are now in the negotiation phase, so we should hear good things about the agreement soon.
US Trade Representative Greer was speaking in a constructive tone in her ongoing statements;
“It makes sense to talk, but we’ll see. Trump and Xi’s The meeting will take place as planned. Bessent and I will meet with the Chinese in Malaysia to see if there is any room for progress.
The step taken regarding rare earth elements was completely disproportionate. There’s a good landing zone where we can be more balanced. We must actively manage trade relations between China and the United States. The US controls only high-quality exports. China controls basic inputs, does not discriminate.
We do not want countries to use US products to gain a competitive advantage. Trump will raise the issue of agriculture with them, Chinese We often talk about soybeans. Trump and Xi’s relationship is very good.
We are diversifying the supply of rare earth elements. We will also make agreements with other countries. “We are focused on revitalizing rare earths capacity in the United States.”
