United States Treasury Secretary Scott Bessent is reportedly working behind the scenes to persuade President Donald Trump to adopt a more moderate position on trade policy. According to a report from Fox correspondent Charles Gasparino on Friday, Bessent has been quietly pushing the president to soften his approach amid escalating trade tensions with China that have triggered widespread market instability.

The report, based on sources close to the administration, indicates that Bessent’s stance has placed him in direct conflict with other top advisors, particularly Commerce Secretary Howard Lutnick and Trade Counselor Peter Navarro. Both Lutnick and Navarro are known for their hawkish views on trade and have been strong proponents of aggressive measures against international trading partners, especially Beijing.

Bessent’s efforts to moderate the administration’s tone are seen as an attempt to ease investor anxiety and stabilize financial markets, which have reacted sharply to the ongoing tariff escalations. As the U.S.–China trade dispute deepens, volatility has surged across global markets, raising concerns about potential long-term economic damage.

The internal split within Trump’s economic team underscores the broader debate over how to balance protectionist trade strategies with the need to maintain economic stability. While Trump has championed tariffs as a means to protect American industry and address trade imbalances, critics warn that prolonged confrontation could harm growth and strain international alliances.

Gasparino’s report suggests that Bessent is advocating for a recalibration of tactics rather than a full reversal of policy. His goal appears to be preserving the administration’s core trade objectives while reducing the disruptive effects on the economy and investor sentiment.

As the administration faces increasing pressure from both domestic industries and global partners, the outcome of this internal policy tug-of-war may significantly influence the future trajectory of U.S. trade relations and economic performance. Whether Bessent’s moderate voice will shift the president’s approach remains to be seen amid intensifying geopolitical and financial challenges.