According to Bloomberg, during the stock market plunge this week, US Treasury Secretary and former hedge fund executive Scott Bescent has received text messages from Wall Street executives. Several hedge fund managers and financial executives hope he can persuade Trump to withdraw his tariff policy because he served as chief investment officer at Soros Fund Management and was seen as a potential ally of the "market faction". However, people familiar with the matter revealed that Becente is not the leader of tariff policies, and he is more analyzing the impact of different tariff levels on the market and the economy at the White House meeting. The policy was ultimately formulated by a small number of people in Trump's core circle, and many key decisions were finalized at the last moment. At present, Trump's economic policy to promote "Made in the United States" is in conflict with Wall Street interests that have long relied on global trade, and even some Republican lawmakers have begun to warn of tariff policies.