{"content":"BREAKING: 🇺🇸 Treasury Secretary Scott Bessent says the 100% tariffs on China “don’t have to happen.” Washington is trying to manage the narrative before it manages the markets. Over the past few weeks, the tariff threat was used as a pressure valve — to test Beijing’s reaction, move sentiment, and position the U.S. from strength ahead of negotiations. Now, Bessent’s comment feels like the first signal of recalibration. They’ve seen how global markets reacted to the tariff talk: equities dipped, volatility spiked, and exporters sounded alarms. Walking it back slightly gives them flexibility without losing leverage. I think this is a sign that the administration knows how fragile the global supply chain dynamic really is. A full 100% tariff war would hit U.S. consumers just as much as Chinese exporters. Containing the panic, containing inflation pressure, and containing the market fallout before it spirals. The tone has shifted not because the fight is over, but because the White House wants to control how it’s perceived.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/13/566050e95aa84d1396b47992f7631a7e.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}