🇺🇸 S. Bessent, US Treasury Secretary:

➖The US and its allies will not accept restrictions from China.
➖The current situation shows why Trump needs emergency powers to impose tariffs.
❗️European allies should support tariffs against Chinese goods related to the purchase of Russian oil.
❗️A possible extension of the “tariff truce” with China.
❗️China is becoming an unreliable partner for the world - economic ties may have to be severed.
➖The Chinese economy is suffering from its own policy of pressure.
➖The US does not seek to harm China, but wants to maintain stable trade relations.
➖New contacts with the Chinese side are expected this week.
❗️A series of meetings dedicated to Chinese restrictions will be held.
➖The US would like to see more American retailers in the Chinese market.
➖Tariffs can be paid by both the exporter and the importer - depending on the terms of the agreement.
➖Moderate Democrats should show leadership and help reopen the government.

🇺🇸 K. Grier, US Trade Representative:

➖China is using economic pressure as a tool of coercion.
➖China's export restrictions are an attempt to establish control over global supply chains.
➖The restrictions have been prepared, but not yet introduced.
❗️The US expects China to refrain from implementing them and return to previous agreements.
➖China's actions violate agreements reached over the past six months.
➖The US wants this to be the last time it has to discuss rare earth metals with China.$BTC $ETH $GT #btc #eth #ltc #sol #xrp