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Was Jamie Dimon or bond market?
Donald Trump played chicken with a week markets. However, on Wednesday, on April 2, the world was economically, material and politically economically, economically and politically for the President of the United States on April 2.
In an acute movement, Trump, the most upright in the United States tariffs He announced a 90-day break in Levia to breathe and leave a room for negotiations, except China, excluding China’s trade partners.
This U-turn A president said that the Americans claimed that Americans are a global trading system, a president represented a decline, he said he was courage to resubmit.
His cave decision is, at least partially, Trump’s still a sign that one of the investors, deputies and donors is vulnerable.
Trump said he thought about the break for the “last few days”, “Early (Wednesday) said in the morning.”
He praised the tariffs because people said, “They have acquired … a little afraid.” “I thought people were out of a little line. They took Yippie.”
In the end, the break was “written from the heart.”
“I think that this is what it is proving that he focuses on markets and moves far away, that this is a plus for guardians: The market There is still power and can’t scare. “
Until Sunday, after two brutal trafficking in US capital markets, Trump promised to protect the harsh line. The President has laid a very high stick for negotiations with excitement trading partners, playing golf in Florida for a long time. Brushed like a confusion in the market.
But the strains began to show.
Republicans of Capitol Hill, returned to everything about everything suddenly criticized. The Democrats fighting to find an effective attack on the Political Gift Trump, surrendered in the United States with a trade war that harmed voters.
Trump investors have collected vapor, including Elon Musk, Technology and Top White House, including Ultra Protectionism and some wealthy support in the United States business.
On Monday, Trump began to arrange. Thayury Secretary Scott Bessentini to be the most reliable of the presidential lieutenants, which began in Japan and South Korea and negotiated with trade partners in Wall Street.
Aggressive trading skeptic peter navarro, who financial times wrote a piece of opinion Trump warned not to negotiate, the trade partners – just as he said that Bessent did exactly – it turned out to be affected.
Trump, as a break, said he talked to Bessent and Lutnick without talking about Navarro.
But it was not until the market crisis extends until a Sales in US government debt This week, such as the Secretary of the former Treasury Secretary secretaries, economists think that the most “Freedom Day” tariffs violated the financial crisis.
“Trump Wall Street is good with a shot, but he does not want the whole house to go down,” he said. A man near the White House.
A man with a business career as a property developer, by placing debt, the US bond market saw warning signs.
“The bond market is very difficult, I was watching it … People took a little queasy,” said Trump, while explaining his turn on Wednesday.
He also agreed with an interview with the Fox business, the Chief Executive Officer of JPMorg, warned that the United States has probably made a decline.
“I get a quiet idea, but I think it can worsen if we don’t make a little progress here,” Dimon said.
White House officials trumpely tried to show a great turn of Trump as part of a large plan.
Speaking outside the White House on Wednesday afternoon, he spent part of Sunday with Trump in Florida and reflected the events of the last week, “along the” strategy “.
“This brought more than 75 countries to negotiate. This is so far the course of the course has taken great courage, great courage and ended here,” he said. “We’re ready to hear you.”
Earlier, Bessent greeted a reporting plans with Trump’s Tucker Carlson, US Global Marketplace Fairie, Randustrialise and economy suggested that they would call “mass distribution problems.”
However, a Wall Street Executor near the White House, Bessent Trump said that countries with historically good relations with the United States helped countries to reach the result of tariff growth to countries to Beijing.
Business groups were relieved, but the convulsions around Trump’s policy were not lifted. In most countries, 10 percent of tariffs were left in place, the US trade war in the United States, the world’s second largest economy and potential sectors such as cars and pharmaceutics.
“This temporary break will reduce the pain immediately, the president of the National Foreign Commercial Council, which is the trade, source and investment calculations of paralysis, said he was President Jake Colvin in Washington.
“We encourage you to overcome these tasks, to eliminate these tasks, and to minimize the uncertainty of the future with our economic partners and determine the continuous ways.”
Democrats continued to be pounds to the President despite his return.
“The true damage of the chaos, uncertainty and Trump tariff taxes will not disappear in 90 days. The president has created a global confusion at the expense of American families and enterprises,” said Dick Durbin, Illinois senator, statement.
Additional Report by Schmitt in New York