Markets will keep tanking until Trump tells them what it is he actually wants, Treasury’s Bessent reportedly tells president

• president Trump must provide a road map for investors on How is he intended to draw a way out Treasury Secretary Scott Payette told him from the current shrinkage before he was out of control. Politico.

President Trump needs to reduce his difficult trade by adding achieveable and measurable goals that can provide the basis for discussions, notified, or the stock markets will continue to sell.

According to a foot report PoliticoTreasury Secretary, Scott Pessant, urged his president to provide greater clarity for investors over his final intentions. Even this point, the administration often used contradictory arguments to explain the motives and ends of the historical introductory increases scheduled to enter April 9. Trump and other members of the administration said alternately that the definitions are aimed at raising funds, re -manufacturing to the United States, and providing leverage in negotiations, or becoming permanent.

“You will continue the markets,” said one of the sources. “You have to talk about negotiation and what is the final game.”

The S& P 500 normative index decreased by 16 % since Trump’s opening in late January, as more than 3 trillion dollars from stock markets has been eliminated, as investors worry that the World Trade War may go out of control. The slide is the 10 worst weeks in the shadow of a new president since George W. Bush took office in 2001 just like the Dotcom bubble explosion.

For fear, the billionaire hedge fund manager and audio supporter Bill Trump Bill Akkam at the request of the White House on Sunday not to declare “the World Economic War against the entire world at the whole,” instead the raising of the tariff was postponed on April 9.

The White House did not respond toluckRequest to comment via the journalism time.

Tariff surprises

There was a major reason for sale is the sudden application of definitions. Trump did not reveal his introductory oceans even shortly before he entered into force, and his decision to impose a very slope tariff even in the areas that they live in largely by penguins on Wall Street.

“The markets have been arrested,” said Pahano Boga, the chief strategy in UBS.

Puja said that investors mistakenly believed that Trump only sought to use the customs tariff as a credible lever to negotiate a series of deals, as he did with NAFTA-Successor USMCA five years ago, instead of being an ideological tool in themselves.

Baweja added that the customs tariff was much more punitive than expected, as the rate of effective tariff increased ten times: “These are numbers that we have not seen since 1900.”

The White House’s concern is anxious by investors by putting new import duties on commercial imbalances that have absolutely unrelated to identification reciprocity, even when we think.

Finally, the Trump official’s comments on Monday – a tariff that could temporarily stop – could stop – to an intense investor jamming.

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Currently, the White House plays a harsh ball, even as commercial partners such as the European Union are trying to find a common ground.

When Brussels offered to cut customs tariffs on industrial goods to scratch if the United States followed its example, Trump refused the proposal on Monday. Once again, he claimed that the European Union-which maintained peace on the war continent-was actually established as a way to benefit from the United States.

But he may have taken Bessent’s proposal to the heart, because he asked for a request that could pave the way for the settlement of negotiations: Europe must adhere to purchasing $ 350 billion of US oil and gas.

According to the latest figures published by the Economic Analysis Office last month, the US trade deficit with the European Union increased by 29 % last year to 161.1 billion dollars. This places it in the middle of the road between American trading partners Vietnam and Mexico, and much less than the deficit of $ 263.3 billion that the United States maintains with China.

This story was originally shown on Fortune.com

2025-04-08 12:14:00