PANews reported on October 15th that, according to Jinshi, US Treasury Secretary Bensonte stated that a trade announcement will be made during Trump's Asia trip, and that I will most likely travel to Asia before Trump. The next round of interviews for the Federal Reserve Chair will be scheduled after the Asia trip. After this round, three or four Fed candidates will enter US President Trump's field of vision. The sole criterion for the Fed Chair position is an "open mind." After Thanksgiving, in December, three or four candidates will be recommended to Trump for interview. Trump will hear opinions from dozens of people on the Fed Chair nomination. The Fed Chair must not only be a symbol of monetary policy but also possess exceptional management skills. (On the surge in gold prices) Buyers outnumber sellers. The narrowing US trade deficit should support the US dollar. The current period of US economic growth is likely similar to that of the late 19th century or the 1990s.

Bessant also said on Wednesday that the United States is close to reaching a trade agreement with South Korea. The U.S. fiscal deficit as a percentage of GDP still has room to fall, possibly back to the 3% range.