U.S. Treasury Secretary Benson: The quality of a trade agreement is more important than its timing

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ODAILY
07-21
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Planet Daily News: U.S. Treasury Secretary Beisenke stated that trade negotiations are currently ongoing, and he is more concerned with reaching a high-quality agreement rather than completing it before August 1st. Beisenke said they are not in a hurry, but can imagine that the EU would want to negotiate faster, though at least the EU is now becoming more engaged. Their current primary task is to secure the best possible agreement for the United States on the Japan issue. Analysts suggest that these remarks indicate that a "delaying tactic" is likely to occur again by August 1st, so people can wait and see. Meanwhile, regarding Powell, Beisenke commented that "ultimately, this is Trump's decision about Powell." He subsequently added that they need to examine the Federal Reserve as an entire institutional body. (Jintop)

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