When Treasury Secretary Scott Bessent says Trump “set a trap,” he’s referring to a strategic use of tariffs not just to apply economic pressure, but to provoke a predictable reaction from China that could ultimately work to the U.S.'s advantage. Here’s how the "trap" likely works:🪤 The Setup: Trump Raises TariffsTrump imposed steep tariffs on Chinese goods, signaling that the U.S. was willing to play hardball. The message to other countries was:"If you don't retaliate, we might mak...
