Trade negotiations with Asian countries under the Trump administration
Treasury Secretary Scott Bessent mentioned that the Trump administration's trade negotiations with several Asian countries are progressing well, with sub-deals being made within the negotiations. Bessent highlighted the unfairness in the trading system and attributed it to previous administrations.
Key Points
- Sub-deals within the negotiations are progressing well
- Efforts to negotiate with 17 important trading partners
- Acknowledgment of unfair trading practices
Pros
- Progress in trade negotiations with Asian countries
- Efforts to address unfairness in the trading system
Cons
- Uncertainty about the actual number of deals made
- Criticism of previous administrations