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International Business Times
International Business Times
Politics
Morgan Music

Trump Official Insists Tariff Negotiations Had 'Nothing to Do With' Stock Market Tanking for Several Days

Scott Bessent Donald Trump Stock Market
Scott Bessent defended President Donald Trump's approach to global trade talks, insisting the stock market's recent plunge had nothing to do with ongoing tariff negotiations.

Treasury Secretary Scott Bessent defended the Trump administration's approach to global trade talks on Tuesday, insisting that the stock market's recent plunge had nothing to do with ongoing tariff negotiations.

Speaking to CNBC, Bessent emphasized that while the administration remains open to trade talks, the decision to begin negotiations with Japan and other nations was not a market-calming tactic.

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International Business Times UK
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