💨 Abstract

Commerce Secretary Howard Lutnick stated that ongoing talks with China in Geneva aim to de-escalate tensions between the two nations. These discussions are part of a broader effort by Treasury Secretary Scott Bessent to reduce high tariffs, which have impeded trade. Lutnick predicted numerous trade deals over the next few months, although he did not specify the countries involved. He also played down the impact of tariffs on U.S. jobs and prices. Last week, the U.S.

Courtesy: theprint.in

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