Bessent: I think we are very close to some trade deals ...Middle East

Bessent:

Trading deals maybe as early as this weekI'm highly confident that 17 trading partners excluding China have presented with very good trade proposalsWe could see more frictionless trade from these negotiationsCould see substantial progress with China in the coming weeksThe market is not pricing in inflation, hard data is still resilient

In a perfect world, this would all result in very low tariffs between the US and the world but you have to have a great deal of faith to make that call at this point.

This article was written by Adam Button at www.forexlive.com.

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