Becerra emphasizes the importance of a high-quality agreement, signaling possible delays beyond the August 1 deadline as negotiations continue.
US Treasury Secretary Becerra stated that ongoing trade negotiations focus on achieving a high-quality agreement rather than rushing to finalize it by August 1. Analysts suggest his comments indicate a potential delay tactic, while he emphasized the importance of securing the best deal for the US regarding Japan. Additionally, Becerra noted that the decision on Powell ultimately rests with Trump, advocating for viewing the Federal Reserve as a whole.