The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president.
Donald Trump has paused tariffs on many countries in a stunning reversal of policy, but increased levies on China. AP
Was it Jamie Dimon or the bond market?
Donald Trump played chicken with the markets for a week. But by Wednesday, the multi-front trade war he launched on the world on April 2 with much fanfare had become unsustainable economically, financially and politically for the US president.
Financial Times
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Original URL: https://www.afr.com/world/north-america/why-did-donald-trump-buckle-20250410-p5lqns
