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Treasury Sec. Scott Bessent: Let’s Examine the Entire Fed 7/21/25

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Trade Negotiations and Fiscal Dynamics

This chapter explores the intricacies of ongoing international trade negotiations, particularly between the U.S., EU, and Japan, emphasizing the importance of quality deals over rushed agreements. It further examines the Federal Reserve's role in market stability amidst political dynamics and critiques traditional economic theories. Additionally, the chapter covers recent developments in trade relations with China and Russia, highlighting legislative shifts and the impact of sanctions on global markets.

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