New Delhi, April 12 -- Evan A. Feigenbaum, Vice President for studies at the Carnegie Endowment for International Peace, believes that the financial markets are pressuring the US administration to change course.

Talking to ANI on the sidelines of Carnegie Global Technology Summit, Feigenbaum said US administration can't be completely oblivious of what's happening in terms of "faith and confidence" in American stewardship.

"I think a lot of people think this is now between the US and China, because the president has rolled back his initial tariffs, mostly on everybody except for China, but the reality is because of what's happening in the bond market and also to the US dollar, where traditionally safe assets that are branded to the Unite...