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%.
FTFY
Unfortunately, he wasn’t lying about terrorizing immigrants.