• 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.

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

Scott Bessent
Source: Forex Live