The Trump’s tariff hammer rises and falls again and again.
On April 22, during a closed-door investor meeting, U.S. Treasury Secretary Bessent stated that the tariff deadlock is unsustainable and is expected to ease in the near future. Bessent believes that the prospect of easing tensions should come as a relief to the world and the markets. Following this news, the Dow Jones Industrial Average immediately surged over 1,000 points, with gains exceeding 2.7%, while the S&P 500 rose more than 2.7% and the Nasdaq jumped 2.9%.
On April 22, during a closed-door investor meeting, U.S. Treasury Secretary Bessent stated that the tariff deadlock is unsustainable and is expected to ease in the near future. Bessent believes that the prospect of easing tensions should come as a relief to the world and the markets. Following this news, the Dow Jones Industrial Average immediately surged over 1,000 points, with gains exceeding 2.7%, while the S&P 500 rose more than 2.7% and the Nasdaq jumped 2.9%.