Summary
Trump paused his reciprocal tariffs on Wednesday after a surge in bond yields, triggering sharp criticism—even from Fox News.
Fox Business’ Charlie Gasparino said the administration “capitulated” due to market pressure, with the 10-year Treasury yield hitting 4.5%.
Japan, not China, reportedly dumped U.S. bonds, worsening financial instability.
Despite no trade deals, Trump tried to claim a “win” and announced a 90-day pause on tariffs for most countries—except China, which now faces tariffs up to 125%.
It doesn’t matter anymore. The damage to USA credibility is done. Every other major economy in the world will enact policies to isolate the US. It will take time because the other countries are mostly not run by venal turds.
The writing is on the wall. The US is no longer the swinging dick of planet earth.
You sure about that? We were (EU) still doing business with Russia like a couple of years ago when it was clear they were corrupt and evil since forever.
Most politicians here have no spine and will gladly bend over as soon as they have the chance.
Corrupt and evil are not the sins for which the US will become pariahs. The US has become erratic and that is the unforgivable part. Yes, the chaos will benefit some, but they are just the jackals picking over the corpse.