The assessment that the growth rate of the US economy for the first quarter of this year will be revised by US Finance Minister Scott Besed, adding that nothing shows that the country is in recession, a fear of many analysts and economists. after three years.

Speaking to the House of Representatives Committee, Besed said that the financial data is being re -examined and that he is awaiting an upward revision of the growth rate after their detailed processing, but without giving further details.

The US Finance Minister also said the ministry is “on an alarm orbit” in exhaustion of the country’s remaining loan capacity under the rule for the federal debt ceiling, but pledged that the government would not defy its obligations.

He also expressed the assessment of the proposal of Trump’s budget that Congress would eventually increase or suspend the debt ceiling again, and pledged that the Trump government would not use any “tricks” to bypass it.

At the same time, the US Minister of Finance said the Trump government may announce the conclusion of trade agreements with some of the major US trade partners even within the current week.

Although Bessed did not refer to specific countries, he stressed that the government is negotiating with 17 major US trade partners, but still has no contact with China, the second largest economy on the planet.

He added that many US trade partners have made very good offers and that government officials are in the process of “renegotiation”.