BlockBeats News, April 10th, institutional analysts stated that the market's optimistic response to Trump's tariff reduction measure revealed a widespread and palpable sense of relief. Even though the U.S. Trade Representative stated in an interview yesterday that President Trump would not accept a Wall Street-led economy.
However, today's tariff suspension sent a signal to the market and the broader world that Trump will still be influenced by financial market dynamics and public opinion, and he does not want the word "bear market" to appear next to his name. This also indicates that perhaps the opinions of business leaders can still be heard in the Oval Office — there are still some experienced voices in this administration. (FX678)