On April 15, U.S. Treasury Secretary Bessent stated that the tariff levels imposed by Trump may be restored to their pre-Supreme Court ruling levels before early July. After the Supreme Court ruled that Trump's use of emergency powers to impose early tariffs was unconstitutional, Bessent is seeking to rebuild his 'tariff wall' using different authorizations, such as Section 301 investigations. Bessent mentioned that while it is difficult to predict when the consequences of the Iraq War will 'spill over' into the U.S. economy, the current economic conditions remain strong. He believes that the U.S. growth rate this year could easily exceed 3% or even 3.5%. He also added that the continuous decline in core inflation, excluding volatile energy and food prices, is a positive sign. Bessent stated, 'I believe the Federal Reserve has consistently misjudged the inflation issue; core inflation is declining. If they want to wait for clearer data before taking action, I understand, but that would mean interest rates should be lowered more.' (Jin Shi)