PANews reported on April 6 that according to Bloomberg, during the stock market crash this week, U.S. Treasury Secretary and former hedge fund executive Scott Bessant continued to receive text messages from Wall Street executives. Several hedge fund managers and financial executives hope that he can persuade Trump to withdraw the tariff policy because he served as chief investment officer at Soros Fund Management and is seen as a potential "market faction" ally.
However, people familiar with the matter revealed that Bessent was not the leader of tariff policy, but rather analyzed the impact of different tariff levels on the market and economy in White House meetings. The policy was ultimately made by a small group of people in Trump's inner circle, and many key decisions were finalized at the last minute.
Currently, Trump's economic policy of promoting "Made in America" is in conflict with the interests of Wall Street, which has long relied on global trade. Even some Republican lawmakers have begun to warn against tariff policies.

