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%.

  • Geetnerd@lemmy.world
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    5 days ago

    No, he didn’t.

    He inentionally cratered stock prices, told everyone rich to buy, then “capitulated” the next day to cause stock prices to surge.

    This is called “Market Manipulation.” It’s supposed to be illegal, and it is for peasants. But not for him, or Musk, or…

    • barneypiccolo@lemm.ee
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      5 days ago

      I predicted this perfectly from the beginning, and you want to know how I knew it?

      Because this is the third time he’s done the exact same thing. He’s done it every month since his Inauguration. It’s like his own personal menstrual cycle.

      People seem to forget that we’ve already been through this twice, and yet we’re surprised by this. And he’s going to do it again, too. This time he did a 90 day pause, so maybe he feels like this one got a bit overheated, and needs extra time to cool down before reheating it. Or maybe not, you never can tell with this psychopath. The only thing you can count on is that hes going to pull another con soon.

      If we can’t have a collective memory of HitlerPig’s treason and criminality longer than a month, we are never going to be able to build enough outrage momentum to crush the MAGA scourge.