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U.S. Treasury Secretary Brainerd: The U.S. remains the preferred destination for global capital, and Trump's policies are expected to boost GDP to 3% next year.
According to Mars Finance, on May 6, U.S. Treasury Secretary Becerra stated at the Milken Institute Global Conference that the United States remains the preferred destination for global capital. He anticipates that, through the tax cuts and deregulation policies of the Trump administration, U.S. GDP is expected to reach a growth level of 3% next year. Becerra emphasized that although negotiations with trade partners are “not always pleasant” at the moment, they will ultimately strengthen trade relations, and the government is “very close” to reaching some trade agreements. He also stated that he will follow the 10-year U.S. Treasury yield and is committed to eliminating the credit risk of the U.S. government. (Jin10)