U.S. Treasury Secretary Basant: We will rebalance the economy, and Wall Street can continue to perform well

ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Basent stated in an interview with Fox on Tuesday that the Trump administration is "determined to lower interest rates." When discussing tariffs and the stock market, Basent mentioned that the U.S. government is focused on the mid-term situation.

He emphasized, "Wall Street is doing well, and Wall Street can continue to perform well… We will rebalance the economy." He also stated that the U.S. is in a "transition" regarding tariffs with Canada and Mexico.