Forex

USTR Greer: Each side very dedicated to the 90-day pause interval

US Commerce Consultant (USTR) Jamieson Greer is talking on the scheduled briefing on the primary spherical of high-level US-China commerce talks held over the weekend in Geneva, Switzerland.

Key quotes

  • There was mutual respect and understanding between either side
  • Efficient embargo was not a sustainable apply for either side.
  • Each side are very dedicated to the 90-day pause interval.
  • Fentanyl difficulty stays unchanged for now.
  • We ended up with a outcome that is excellent for the US and for China.
  • We have now a constructive path ahead to have a constructive dialog with the Chinese language.
  • This settlement is about reciprocal tariffs which at the moment are at 10% every.

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