The US administration's tariff policy is not aimed at severing economic and trade relations between the US and China, but it could happen.
This was stated by US Treasury Secretary Scott Besant.
"It doesn't have to happen. But it could happen. At some point, there has to be a big deal," he said on Bloomberg TV, commenting on a possible severance of trade relations between Washington and Beijing.
He expressed confidence that "nobody considers the high tariffs imposed on imports from China to be viable and does not want them to remain in force". “President Trump has a very good relationship with Chinese President Xi“, Besant added.
Argentine President Javier Milley confirmed his desire to sign a trade agreement with the United States to eliminate tariffs.
This came after a meeting with US Treasury Secretary Scott Besant in Buenos Aires.
“We understand the proposal for reciprocal tariffs prepared by President Donald Trump and are ready to sign a trade agreement in this direction, which will undoubtedly benefit both the United States and Argentina“, he said in a joint statement with Besant, published by the press service of the Argentine presidential administration.
According to Milley, the measures taken by the US administration are aimed at creating fairer conditions for global trade after “long years of trade imbalance“. He also said that Argentina "intends to become a reliable ally of the United States in the region".
Milley considers the United States and Israel to be Argentina's priority partners. Since taking office, Milley has made 10 trips to the United States.