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qinbafrank
qinbafrank|Apr 12, 2025 14:59
Many people would be surprised to see this news in the Capitol Hill. Why does Finance Minister Besant, who was originally a core member of Trump's team, say he is back to the center. In fact, before the tariff in Trump's team, two factions had formed: the radical faction of Navarro and the Commerce Minister Lutnick, and the moderate faction of Besant and Musk. On the 4th, Trump adopted the radical scheme. Later on the weekend, Besant came out with the news that he wanted to resign even though he had failed to communicate with Trump in Haihu Manor. In recent days, Trump should feel the pressure (the gold owner, the treasury bond market, and the party) and start to turn, so naturally the position of Besant will be further improved. Even now it is Besant leading the negotiation process between countries after the suspension of reciprocal tariffs. It is also good news that Besant leads the trade agreement negotiations as a finance minister who is a moderate tariff brand and attaches great importance to the treasury bond bond market.
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Timeline

May 12, 12:09【Trump's tariff policies affect the bond market】
May 12, 12:06【I hope most of the trade and tariffs can be resolved before the end of the year】
May 12, 12:00【US Treasury Secretary can restore tariffs on China to April 2nd level】
May 12, 11:56【Reducing tariffs on China to below 10% is' impossible '】
May 12, 11:49【Federal Reserve's attitude towards tariffs awaiting data】
May 12, 10:07【SoftBank and OpenAI's joint venture project faces funding obstacles】
May 12, 10:01【The pace of negotiations between China and the United States has been well grasped】
May 12, 09:44【US adjusts import tariffs on China to 30%】
May 12, 07:33【US and China reach tariff truce agreement】
May 12, 07:33【China and the United States release joint statement on Geneva economic and trade talks】

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