This was an interesting tease from Hassett on tariff deals:
If you’d like the person in the middle of all that is Jamieson Greer and Howard Lutnick outside of China. And I’m sure they’re happy to talk to you about it; I’m sure there will be news by the end of the day.
CNBC: So you don’t know who is first or what is in the air?
Hassett: I think I know but I can’t tease
CNBC: You do think you know?
Hassett: I do think I know.
I expect this will be an announcement of a deal with India, where there are mounting signs of a deal. The contours of that will be key, particularly if the US is will to lower its tariff floor below 10%.
This article was written by Adam Button at www.forexlive.com.
