
A Secret Meeting in Washington!?
Greetings brave adventurers! Princess Zelda here reporting live from Hyrule... er I mean Washington D.C. Today all eyes were on Treasury Secretary Scott Bessent as he addressed the Institute of International Finance. It seems even *they* are wondering what’s going on with this whole China trade kerfuffle. You know sometimes I wish solving economic puzzles was as easy as finding a hidden switch behind a waterfall! Unfortunately it's never easy peasy lemon squeezy!
Bessent's Bold Statement!
Bessent boldly declared that China 'needs to change.' 'China needs to change,' he said I thought to myself "Well duh!" I mean even a Deku Baba knows that! He says “Everyone knows it needs to change. And we want to help it change—because we need rebalancing too.” It sounds like we need to get the Master Sword out to rebalance the world!
De Escalation? Is That a New Potion Recipe?!
Word on the street (or should I say scribbled on a Gossip Stone) is that Bessent expects a 'de escalation' in President Trump's trade war 'in the very near future.' De escalation...sounds like a fancy healing potion! Maybe we can brew one up to calm everyone down. I’m sure the Happy Mask Salesman will know how to brew this potion.
Tariff Troubles: More Annoying Than a Keese!
Bessent himself admitted that 'no one thinks the current status quo is sustainable' with these sky high tariff rates. I can relate! Have you ever tried fighting a hoard of Moblins when you're already out of hearts? Unsustainable! This status quo is more annoying than dealing with Tingle trying to sell me maps!
Tim Adams Joins the Fray
After his speech Bessent chatted with IIF CEO Tim Adams. This dude's a former Under Secretary of International Affairs for the Treasury Department. Two high ranking individuals. It seems as though the triforce of wisdom and courage is working together to find a solution to this ordeal.
Subscribe to CNBC?! But What About Hyrule News Network?
The article ends by telling everyone to 'Subscribe to CNBC on YouTube.' What about Hyrule News Network?! We offer way more exciting content like Link accidentally setting fire to Kakariko Village… again! Anyway stay tuned Hyrule...and America...for more updates on this economic adventure. May the Triforce be with you! And remember it’s dangerous to go alone take this!
jennysue19
This is all a little too complex for me. Can someone ELI5 like I'm a Goron?