- If anything it done, it would be clarification on incidental objects
- Spoke to the USTR this morning, we'll see if there's a narrowing
He also weighs in on the Fed chair drama involving Senator Tillis, who might want to block the nomination of Kevin Warsh i.e. Trump's pick to replace Powell.
- We'll see where the probe goes
- Tillis wants to put a hold on any vote
- Important to proceed with Senate hearings
- I think we have an agreement on the hearings
Meanwhile, he's also touching on trade with China a little:
- We do not want to decouple from China, we want to de-risk
- We want to engage in fair trade
On the metals tariffs, it is related to the earlier headline here: Trump reportedly weighs up plans to scale back on steel and aluminium tariffs
So, that will be something to watch out for as it is more pertinent to the domestic political situation whereby Trump wants to bolster his approval ratings ahead of the midterms later in the year.
Besides that, the other comments are rather pedestrian. They aren't really offering anything much as they are things we already know from recent developments.
But I guess with regards to China trade relations, the fact that he is trying to be cordial says a lot about how the US administration is looking to keep the peace before Trump's visit to China in April. That fits with the report yesterday here, which outlines the US shelving key tech curbs against China for now.
