Bessent: No unilateral offer from Trump to cut China tariffs ...Middle East

Says would not be surprised if China-US tariffs went down in a mutual wayDeclines to comment on earlier WSJ storyTariff rates are unsustainableDoes not have time frame for start of China talks, will have to take place at lower levels than Trump-XiWith India, we are very close to a tariff dealTariff negotiations will not be an extended process at allUS-Japan talks don't have specific FX level targetsI am expecting current tax policy to be extended and a great part of that to be permanentChina-US trade talks could take 2-3 years

US stocks are giving back some gains and the bitcoin has slipped particularly badly.

This article was written by Adam Button at www.forexlive.com.

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