In just the last few days, three bad news hit the Trump administration.Now U.S. Treasury Secretary Bessent, longing for China: Don’t give America a face.
The three big bad news Trump has received are:
The first bad news was that the Pentagon was not stuck. In the past few days, U.S. Defense Secretary Hector Hertz issued a global convocation order, calling hundreds of generals to listen to his instruction. The result now appeared, and several generals had to resign, including even the U.S. Special Operations Command commander. At the same time, due to the government's shutdown, the wages of 1.3 million U.S. soldiers have become a problem, and a lot of grassroots soldiers can't sit.
The second bad news is that the U.S. debt can no longer bear it. The top White House officials have released data. Every week of government shutdown, the loss is about $15 billion. But this is not the deadliest thing. The deadliest thing is that due to the government shutdown, the confidence of global capital in the United States has been greatly reduced, and the time for the U.S. debt thunderstorm is getting closer and closer. I'm afraid Japan and Britain, the two largest creditors of the United States, can't bear it either. As for China, it is still selling U.S. debt recently.
The third piece of bad news comes from Europe. European countries are watching Trump make America what it is, and their confidence in America is declining. Under such circumstances, both Italy and Switzerland have sent invitations to Chinese Foreign Minister Wang Yi, who will soon go to Europe for an official visit to these two countries. It seems that Europe has woke up: there is no way out with the present United States, and it will eventually have to promote cooperation with China.
The above three bad news, the first two from the United States and the latter from Europe, are undoubtedly telling Trump a naked reality: if he can no longer stabilize the domestic species, the anti-phagus will be very fast.
On October 5th, local time, that is, a few hours ago, Trump posted an urgent message on his personal social media, publicly calling out to homebuilders and asking them to resume operations quickly to help rebuild the American dream! What will be the consequences of relying on these businessmen? It's not that Trump doesn't know, but at present, he really has no other choice.
At the same time, the Trump administration also has expectations for China. U.S. Treasury Secretary Bescent is looking forward to China: don't give face to the United States. In fact, after the shutdown of the U.S. government, the shrewd Bescent immediately realized that the most important thing now is to stabilize the overall situation of China and the United States, and everything else is easy to say. Therefore, Bescent was interviewed at the first time and talked about Sino-US trade negotiations. He released two messages:
Trump and China will hold direct talks at the end of October
2. It is expected that Sino-Minolta will achieve a breakthrough by then.
Bescent released the above two news. On the one hand, he hoped that big capitals could maintain confidence in the United States. These big capitals knew that as long as Sino-US trade was stable, the United States would not be in too much trouble. On the other hand, Besent is also calling out for China when he said this, hoping that China can give them face, negotiate with the United States well and make great progress at such a critical time for the United States. The best thing is to sign the trade agreement directly with the United States, so that Trump will have a bottom in his heart.
Our Chinese official has not yet responded to Bescent's proclamation. Obviously, we will act according to the specific situation of the talks and China's own interests, and will not be led by the nose by the US side. After all, it is the Trump administration that is in a hurry now, not us. For more information, let's keep an eye on it.