Treasury Secretary Scott Bessent Says Stock Market Decline Is Due To China's DeepSeek, Not Trump's Policies: 'Mag 7 Problem, Not A MAGA Problem'

Treasury Secretary Scott Bessent Says Stock Market Decline Is Due To China's DeepSeek, Not Trump's Policies: 'Mag 7 Problem, Not A MAGA Problem'

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Scott Bessent, the U.S. Treasury Secretary, has attributed the recent stock market decline to the Chinese AI tool DeepSeek rather than President Donald Trump‘s policies. What Happened: During an interview with conservative commentator Tucker Carlson, Bessent emphasized that the market downturn…

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