US Bessent says open to the idea that other countries tariffs could come down or go away

US Treasury Secretary Bessent:

• Open to the idea that other countries’ tariffs could come down or go away.
• Ukraine critical minerals deal is done, there is no more negotiation on that.
• Ukraine deal covers critical minerals, oil and gas, and infrastructure assets.
• Ukraine deal shows the American people that we have not squandered their money.

As Treas Sec Bessent really should be more insistent on tariffs coming down or going away, not just ‘open’ to the idea. Still, he’s a noob to the position so we’ll cut him some slack.

I’m not sure if the mob will cut him any slack on this though:

• Ukraine deal shows the American people that we have not squandered their money

They won’t like him debunking one of their favourite shouting points.

This article was written by Eamonn Sheridan at www.forexlive.com.