#AirdropStepByStep
🚨📣: US Treasury Secretary Bessent reassured markets amid trade uncertainty, highlighting the performance of the US economy.
He noted that interest rates, mortgage rates, gasoline prices, and energy prices have fallen since January 20.
He also noted the removal of restrictions on consumers.
He predicted that the impact of the removal of restrictions would become more evident by the third and fourth quarters.
However, he warned that maintaining US tariffs at 145% could result in the loss of up to 10 million jobs in China.
Bessent expected increased clarity as deals materialize but cautioned that certainty is not necessarily a good thing in negotiations.