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%.

  • Trihilis@ani.social
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    5 days ago

    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.

    • meyotch@slrpnk.net
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      5 days ago

      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.