Alena Botros

"We’ll just take whatever comes out of the tariffs as it comes at us, once it settles down," D.R. Horton CEO Paul Romanowski said on an earnings call Thursday.

“We'll just take whatever comes out of the tariffs as it comes at us, once it settles down,” Romanowski said.

“We’re now in a de-escalation mode when it comes to the tariffs,” UBS's Evan Brown added.

It’s also unclear how much interest rate cuts can ‘stem the bleeding’ from tariffs, Renaissance Macro’s Neil Dutta said.

Bessent, in remarks to the Institute of International Finance, said, “America first does not mean America alone.”

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short.

“Things went from really good to not as good,” CBRE chairman and chief executive Bob Sulentic said in an earnings call Thursday.

“The president putting this pressure on the Fed would not actually achieve his goal, if his goal is lower mortgage rates,” said Chen Zhao, Redfin economics head.

But if anything, it’s a correction not a crash.

“Nobody wins,” Gene Seroka said. “China is America’s factory.”