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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'

Market Impact

Rounak Jain

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April 5, 2025

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Benzinga

Scott Bessent, has attributed the recent stock market decline to the Chinese AI tool DeepSeek rather than President Donald Trump's policies.

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