⁠Wall St Engine
US TREASURY'S BESSENT:

CURRENTLY NEGOTIATING WITH 17 OF 18 KEY TRADE PARTNERS; CAN SEE 'SUBSTANTIAL REDUCTION' IN TARIFFS ON US GOODS; HAVE NOT ENGAGED WITH CHINA AS OF YET
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⁠Wall St Engine
GERMAN 🇩🇪 CONSERVATIVE LEADER MERZ ELECTED CHANCELLOR BY PARLIAMENT IN SECOND ROUND OF VOTING
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⁠Wall St Engine
BESSENT REPEATS TRADE DEALS MAY COME AS SOON AS THIS WEEK WITH MAJOR TRADING PARTNERS
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⁠Quiver Quantitative
JUST IN: Representative Robert Bresnahan has introduced a new bill to ban congressional stock trading. https://t.co/5rdAvb5xRs
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⁠Wall St Engine
BESSENT: NOTHING IN DATA INDICATES THE US IS IN A RECESSION
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⁠Wall St Engine
US Treasury Secretary Bessent says 80–90% of trade deals with key US partners should be completed by year-end, with a few being announced this week:

“I would think that perhaps as early as this week, we will be announcing trade deals with some of our largest trading partners.” https://t.co/M6hThifQdf
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⁠Wall St Engine
BESSENT: U.S. GOVERNMENT WILL NEVER DEFAULT, WE WILL RAISE DEBT CEILING
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⁠Wall St Engine
Rep. Mark Pocan: Who Pays Tariffs?

US Treasury Secretary Bessent: “It’s a very complicated question, History shows, It's a complicated mix of factors.”
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⁠Quiver Quantitative
Representative Mark Pocan: We are getting screwed right and left by the indiscriminate use of tariffs https://t.co/fJSKa4MRpS
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⁠Investing visuals
A little piece of advice. https://t.co/erIRlfSJWI
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⁠Wall St Engine
No doubt “Good afternoon” is a lock for Powell to say. But beyond that, here’s a look at some Polymarket odds on what other words he might drop during the May FOMC—“recession” is sitting at 88% and "tariff" at 99%. https://t.co/5W5ybSQISI
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⁠Wall St Engine
U.S. TREASURY'S BESSENT:

US DEBT TRAJECTORY IS UNSUSTAINABLE; WE ARE TRYING TO CONTROL ABSOLUTE LEVEL OF DEBT AND GROW GDP, AGREES WITH YELLEN THAT DEBT-TO-GDP RATION IS WHAT MATTERS

HARD TO KNOW WHEN MARKET WOULD REBEL AGAINST US DEBT
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⁠Quiver Quantitative
Representative Mark Pocan: Who pays tariffs? https://t.co/pkmBbmMyUh
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