Summary
Trump paused his reciprocal tariffs on Wednesday after a surge in bond yields, triggering sharp criticismāeven from Fox News.
Fox Businessā Charlie Gasparino said the administration ācapitulatedā 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 āwinā and announced a 90-day pause on tariffs for most countriesāexcept China, which now faces tariffs up to 125%.
Heās a grifter. This was always going to be a vehicle for market manipulation. You donāt āmake dealsā if you actually want companies to build new factories in your country.
History shows us that you can safely assume Trump is lying when he says something will be good for the American people. Full stop.
Itās always going to be a con or straight up lie.
FTFY
Unfortunately, he wasnāt lying about terrorizing immigrants.