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%.

  • adarza@lemmy.ca
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    17 days ago

    no. he did not.

    he and his comrades are gaming the market. nothing more. nothing less. he has no intention of leaving economy destroying tariffs in place.