Bessent: We have reached agreement with China on a 90-day pause, moving down tariff levels ...Middle East

Both sides will move reciprocal/retaliatory tariffs down by 115%Both sides very committed to 90-day pause period (Greer)An effective trade embargo was not sustainable practice for both sides (Greer)Throughout the trade process, we have had a plan in placeAnd now, we have a mechanism for continued talksThe consensus this weekend is that neither side wants a decouplingWe do want more balanced trade, would like to see China open to more US goodsAs negotiations move forward, think there is a possibility to see purchase agreementsLook forward to very good discussions now that there is the mechanism in place for talks This article was written by Justin Low at www.forexlive.com.

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