Odaily Planet Daily News: U.S. Treasury Secretary Bessant said at the Milken Institute Global Conference that the United States remains the preferred destination for global capital. He expects that through the Trump administration's tax cuts, deregulation and other policies, the U.S. GDP is expected to reach a growth rate of 3% next year.
Bessant emphasized that although the current negotiations with trading partners are "not always pleasant", trade relations will eventually be strengthened and the government is "very close" to reaching some trade agreements. He also said that he will pay attention to the 10-year U.S. Treasury yield and work to eliminate the credit risk of the U.S. government. (Jinshi)