US Bessent: Talks in Geneva with China resulted in a mechanism to avoid escalation ...Middle East

Talks in Geneva with China resulted in a mechanism to avoid escalation.President Trump wants to rebalance the US economy.China needs to rebalance towards consumption economy.We do not want a generalised decoupling between the two largest economies in the world.United States will bring medicine, semiconductor and other strategic industries home.Very productive discussions with Japan.Focused on Asia deals, Indonesia has been very forthcoming, Taiwan presented very good proposals.

There's nothing new here as he's just repeating what was said in the prior days and weeks.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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