In exclusive statements during a closed event organized by JPMorgan in Washington, D.C., U.S. Treasury Secretary Scott Posen expressed optimism about the possibility of easing trade tensions between the United States and China, noting that the current situation is "unsustainable" and that the door for negotiations remains open. According to Bloomberg, Posen explained to a select group of the bank's clients that the ongoing confrontation with China—which he described as closer to a "total ban"—cannot continue in this manner, emphasizing that Washington seeks to move beyond this deadlock, despite the lack of formal negotiations so far. Despite the sensitivity of these statements, they were made during a closed session not accessible to the media, raising controversy about the fairness of access to impactful economic information. Observers note that sharing these estimates with a specific group of investors could create an unequal information system that undermines the principle of transparency in markets. It is worth mentioning that trade relations between Beijing and Washington are experiencing rising tensions, especially amid the restrictions and tariffs imposed on goods and Chinese companies in technology and energy sectors. Nonetheless, Posen's statements hint at the U.S. administration's intention to reopen channels of communication, in a move that could restore balance to one of the most important economic relationships globally.
