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US Trade Partners Chase Deals as Bessent Eyes Busy 72 Hours
As the clock ticks on several major trade deadlines, the United States’ key partners are scrambling to finalize agreements—while markets turn their focus to economic strategist Scott Bessent, who forecasts a critical 72-hour window for potential breakthroughs or turmoil.
ECONOMICS
7/6/20251 min read
With global tensions heightened due to tariff threats and shifting alliances, countries such as Canada, Mexico, Japan, and members of the European Union are pushing for last-minute trade concessions to secure more favorable terms with Washington. Some of these deals could redefine global trade flows and rebalance relationships shaped by decades of U.S.-led policies.
Scott Bessent, a prominent investor and former chief strategist for George Soros, has warned of a volatile 72 hours ahead that could see major decisions affecting currencies, stock markets, and bond yields. He suggests that these next few days may bring "shock decisions" from the White House or foreign capitals.
The urgency reflects mounting economic and political pressure as trade uncertainty continues to weigh on global markets. All eyes are now on Washington, where negotiations could either calm investors—or ignite fresh waves of volatility.