Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.

Over multiple decades, no asset class has delivered a higher average annual return to investors than stocks. But despite this outperformance, it doesn't mean that Wall Street's major stock indexes get from point A to point B in a straight line.

President Donald Trump's second term economic plan can be summed up in one word: tariffs. As his barrage of import taxes went into overdrive in recent months, markets trembled and business leaders sounded alarms about the economic damage they would cause.

"I think that we're going to see about 100 countries who just get the minimum 10% reciprocal tariff and will go from there. So I think we're going to see a lot of action over the coming days," Bessent said.