{"id":46583,"date":"2025-07-22T15:09:38","date_gmt":"2025-07-22T12:09:38","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=46583"},"modified":"2025-07-22T15:09:38","modified_gmt":"2025-07-22T12:09:38","slug":"key-trade-updates-from-us-treasury-secretary-bessent","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/key-trade-updates-from-us-treasury-secretary-bessent\/","title":{"rendered":"Key Trade Updates from US Treasury Secretary Bessent!"},"content":{"rendered":"<p><span data-contrast=\"auto\"><strong><a href=\"https:\/\/coinengineer.net\/blog\/us-treasury-secretary-scott-bessent-made-critical-statements\/\">US Treasury Secretary<\/a> Scott Bessent<\/strong> recently shared significant developments regarding economic growth and trade. He stated that <strong>President Trump<\/strong> has instructed to accelerate permits for factory construction. Additionally, he announced that many new trade agreements will be revealed in the coming days.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/key-trade-updates-from-us-treasury-secretary-bessent\/#Trade_Agreements_and_Critical_Talks_with_China\" title=\"Trade Agreements and Critical Talks with China\">Trade Agreements and Critical Talks with China<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/key-trade-updates-from-us-treasury-secretary-bessent\/#Key_Details_on_Russia_and_Customs_Revenues\" title=\"Key Details on Russia and Customs Revenues\">Key Details on Russia and Customs Revenues<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Trade_Agreements_and_Critical_Talks_with_China\"><\/span><span data-contrast=\"auto\">Trade Agreements and Critical Talks with China<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Bessent emphasized that the <strong>US<\/strong> is following a crucial roadmap in its trade policies. He announced that tariffs imposed on <a href=\"http:\/\/coinengineer.net\/u-s-china-trade-deal-rare-earth-supply-resumes\/\"><strong>China<\/strong><\/a> will end on August 12. Furthermore, Bessent stated that meetings with China on Monday and Tuesday will advance the process to a new level. He said, \u201cIf the US produces more, China will consume more,\u201d indicating mutual benefits. He also noted that trade talks with Japan are progressing well, adding, \u201cI wouldn\u2019t be surprised if we reach a quick solution.\u201d<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Bessent highlighted <strong>August 1<\/strong> as a tough deadline for all countries and said many trade deals will be finalized by then. He stressed these agreements will bring substantial investments to the US.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Details_on_Russia_and_Customs_Revenues\"><\/span><span data-contrast=\"auto\">Key Details on Russia and Customs Revenues<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">Bessent continues coordinated efforts with European countries on oil tariffs targeting Russia. He is also conducting tough negotiations with <strong>G-7 countries<\/strong> regarding Russia. The Secretary said it is possible to generate a total of <strong>$2.8 trillion<\/strong> in customs revenue over the next 10 years.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Additionally, he predicted the <strong>US economy<\/strong> will grow by 3% or more in the first quarter of 2026. These figures send positive signals for the global economy.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Bessent\u2019s remarks indicate critical turning points for the US economy and global trade. Tariff and investment decisions will be closely monitored in the markets going forward.<\/span><\/p>\n<hr \/>\n<p><span data-ccp-props=\"{}\"> <em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a>,\u00a0<a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Treasury Secretary Scott Bessent recently shared significant developments regarding economic growth and trade. He stated that President Trump has instructed to accelerate permits for factory construction. Additionally, he announced that many new trade agreements will be revealed in the coming days.\u00a0 Trade Agreements and Critical Talks with China Bessent emphasized that the US is<\/p>\n","protected":false},"author":36,"featured_media":46584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,657],"tags":[13942,21187,4119,21188,21189,9939,21191,21190,21186,21193,21192,15579,21194,21185],"class_list":["post-46583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-news","category-en","tag-china-tariffs","tag-customs-revenue","tag-economic-growth","tag-factory-permits","tag-g7-talks","tag-global-economy","tag-investment-deals","tag-japan-trade","tag-russia-sanctions","tag-scott-bessent-china","tag-tariff-policy","tag-trade-agreements","tag-trump-china","tag-us-trade"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Key Trade Updates from US Treasury Secretary Bessent! 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