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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    9 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…