Wall Street's Insider Push to End Trump's Trade War: A Glimmer of Hope
As the global trade war rages on, Wall Street is pinning its hopes on one of its own, Scott Bessent, to persuade President Donald Trump to reconsider his tariff-centric approach. With the Treasury Secretary's influence, a new strategy is emerging to isolate rival China through targeted trade deals, rather than blanket tariffs. This shift in approach could be a significant turning point in the ongoing trade tensions, potentially paving the way for a more diplomatic resolution. As the US trade policy continues to dominate headlines, experts are weighing in on the potential benefits of a more nuanced approach, including the impact on international trade relations, global economic growth, and the role of the US dollar in international trade. With the global economy hanging in the balance, all eyes are on the White House to see if this new strategy will yield a breakthrough in the trade war, and what it could mean for the future of global commerce and free trade agreements.