Local time on Wednesday, US Treasury Secretary Bessent said in an interview, "I am trying to be the treasury secretary rather than a market commentator. I want to point out that especially the Nasdaq index peaked on the day when DeepSeek was released, so this is a problem of Mag 7, not MAGA."
Tariffs far exceeded expectations, US stock futures plummeted, and the US Treasury Secretary once again came forward to defend Trump, saying that the stock market plunge was a problem of Mag 7, not MAGA.
Original article: https://www.toutiao.com/article/1828420948940873/
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