The U.S. Treasury Secretary said that trade issues will be resolved before the end of October, and the Circulating Supply of stablecoins has reached a new high.Headline
▌U.S. Treasury Secretary Besant: Trade issues are expected to be resolved by the end of October.
U.S. Treasury Secretary Mnuchin stated in an interview with Nikkei that President Trump's tariff policy aims to bring manufacturing back to the U.S. When assessing the effects of his economic policies since Trump took office, Mnuchin remarked, "Trump's economic policy is like a 'three-legged stool'—taxes, trade, and deregulation. In terms of taxes, we have completed the 'Tax Cuts and Jobs Act' at a record pace, which was signed into effect on July 4. Regarding trade, I believe we will basically complete the related work by the end of October. As for deregulation, this is an ongoing effort, and it has been clearly required that for every new regulation introduced, ten old regulations must be eliminated." Mnuchin stated that the main reason for the shift to a tariff policy is to rebalance. "Over time, tariffs should act like a melting ice cube. If production returns to the U.S., then we..."
金色财经_·2025-08-10 23:44