TechFlow news, May 6 — According to Jinshi Data, U.S. Treasury Secretary Bessent said at the Milken Institute Global Conference that the United States remains the top destination for global capital. He expects U.S. GDP to reach a growth rate of 3% next year through tax cuts and deregulation policies under the Trump administration. Bessent emphasized that although current negotiations with trade partners are "not always pleasant," they will ultimately strengthen trade relations, and the government is "very close" to reaching several trade agreements. He also stated that he will monitor the 10-year Treasury yield and work to eliminate credit risks associated with the U.S. government.
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