According to financial media reports, U.S. Treasury Secretary Basent recently accepted an exclusive interview with the Nikkei, detailing the current U.S. economic policy and its impacts.

Bessent emphasized that the current government's economic strategy is built on three core pillars: tax reform, trade policy adjustment, and deregulation. He specifically pointed out that the tax-related "Big and Beautiful Act" officially took effect on July 4, marking a significant achievement.

Regarding the highly watched trade issues, Besent expressed an optimistic attitude, expecting that the related work will be basically completed by the end of October. He explained that the main purpose of shifting to tariff policies is to rebalance trade relations and attract manufacturing back to the United States.

Bessent vividly likened tariffs to "melting ice cubes," implying that it may be a temporary measure. He stated that if production activities do indeed return to the United States, the demand for imports will naturally decrease accordingly, thereby achieving the goal of trade rebalancing.

It is worth noting that Bessent also mentioned the government's ongoing efforts to relax regulations, including the implementation of the "one in, ten out" rule, which requires that for every new regulation formulated, ten old regulations must be abolished.

These policies reflect the current strategic thinking of the U.S. government in promoting economic growth and enhancing competitiveness. However, the long-term effects of these measures and their impact on the global trade landscape still require further observation and assessment.