Wall Street Gets Rude Shock as Bessent Plays Second Fiddle on Tariffs
Scott Bessent during a television interview following President Donald Trump’s tariff announcement, on April 2.
Photographer: Kent Nishimura/BloombergThis article is for subscribers only.
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From the moment President Donald Trump unveiled his sweeping tariffs Wednesday through the ensuing market mayhem the following day, Treasury Secretary Scott Bessent’s phone lit up with text messages from executives tied to his former industry.