TechFlow news — On March 7, according to Jinshi News, U.S. Treasury Secretary Bessent stated in a recent speech that tariffs are "a very necessary course correction," emphasizing this is "a one-time price adjustment." Regarding the duration of the tariff policy, Bessent said, "We'll have to wait and see."
On dollar policy, Bessent clearly stated that "the strong dollar policy has not changed," and emphasized the U.S. government's "commitment to policies that strengthen the dollar." He predicted that Trump's policies will ultimately lead to a stronger dollar, while reiterating America's stance "against currency manipulation."
Bessent also revealed that stock market performance is an important part of President Trump's daily briefings. Speaking about market expectations, he said, "There is no 'put option' on Trump, but there is a call option."
