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U.S China Trade Deal May Take Up to 3 Years: Bessent

U.S China Trade Deal May Take Up to 3 Years: Bessent

CoinomediaCoinomedia2025/04/23 23:44
By:Isolde VerneIsolde Verne

Treasury Secretary Bessent says a full U.S.-China trade agreement could take 2–3 years, reflecting complex negotiations.Long Road Ahead for U.S.-China Trade DealStrategic Patience Over Quick AgreementsImplications for Markets and Policy

  • Full trade deal between U.S. and China could take 2–3 years
  • Treasury Secretary Bessent emphasizes long-term strategy
  • Talks signal cautious but ongoing economic diplomacy

Long Road Ahead for U.S.-China Trade Deal

U.S. Treasury Secretary Bessent has confirmed that a comprehensive trade deal between the United States and China may not be finalized for another two to three years. The announcement reflects the deep complexity of economic negotiations between the world’s two largest economies.

Speaking on the state of bilateral trade, Bessent emphasized that while discussions are ongoing, both sides are navigating a range of sensitive issues—from tariffs and market access to intellectual property and tech regulations.

Strategic Patience Over Quick Agreements

Rather than rushing into a short-term deal, the Biden administration appears to be favoring a methodical and long-term approach. Bessent suggested that such careful pacing is necessary to build a sustainable framework that addresses not just trade balances, but also strategic competition.

This measured strategy may help avoid the pitfalls of previous deals that were either too narrow or quickly unraveled under pressure.

🚨 JUST IN: Treasury Secretary Bessent says a full U.S.-China trade deal could take 2 to 3 years to finalize. pic.twitter.com/EewNDZkNt5

— Cointelegraph (@Cointelegraph) April 23, 2025

Implications for Markets and Policy

The extended timeline may impact global markets and policy decisions, especially for sectors heavily influenced by trade tensions, such as technology, agriculture, and manufacturing.

Investors, businesses, and policymakers alike will be closely watching for incremental updates, as even small shifts in the negotiation process can send ripple effects across global supply chains and financial markets.

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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