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Inside Trump’s tariff retreat: How fears of a bond market catastrophe convinced Trump to hit the pause button

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Inside Trump’s tariff retreat: How fears of a bond market catastrophe convinced Trump to hit the pause button

Photo: Woman holding $50 bonds, probably Liberty Bonds. Engraving and Printing, Bureau of Treasury Dept.  [Between 1917 and 1919]. Photo source: Harris & Ewing photograph collection. Library of Congress. No known restrictions.. Article by Kevin LiptakJeff ZelenyPhil MattinglyKayla Tausche and Alayna Treene. CNN – April 9, 2025.

(CNN) — President Donald Trump’s abrupt decision to reverse course on his sweeping tariff plan by announcing a three-month pause revealed his threshold for political pain: One week. “They were getting yippy,” Trump said, explaining the rising criticism raining down on the White House over the last week. “They were getting a little bit yippy, a little afraid.” […]

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