The US stock market experienced a dramatic reprieve after a tumultuous week, mirroring the rollercoaster ride of global financial markets influenced by President Donald Trump’s trade policies. Treasury Secretary Scott Bessent intervened with Trump in Florida, urging him to shift his trade rhetoric from aggressive tariffs to focused negotiations for mutually beneficial deals that boost jobs. This strategy was designed to curb market volatility triggered by over 50 countries affected by US tariffs, sparking a rebound of around 4% in crypto’s market capitalization, exceeding the crucial $2.5 trillion mark. The meeting offered an opportunity for strategizing and fostering open dialogue to navigate this complex trade landscape. It highlights Trump’s focus on leverage through tariffs as his main approach.