Scott Bessent offers a gentler message again, saying ‘America First’ does not mean ‘America alone’ - MarketWatch
1. Treasury Secretary Bessent promotes collaborative trade under 'America First'. 2. U.S. aims for U.S. leadership in global economic institutions like IMF. 3. Possible de-escalation in U.S.-China trade tensions is indicated. 4. Trump suggests substantial tariff reductions for China, but not to zero. 5. U.S. stock markets surge, reflecting reduced concerns over tariffs and Fed.