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

  • President Donald Trump paused many tariff increases for 90 days to negotiate with countries following turmoil in the bond market, which threatened the U.S. Economy.
  • MSNBC host Rachel Maddow warned that the stability of the bond market is crucial for the U.S. Economy, stating that a collapse would be worse than stock market declines.
  • Despite the pause, a universal tariff of 10 percent remains in place, raising concerns about its impact on manufacturing and energy sectors.
  • Analysts believe that the tariffs could hinder the transition away from fossil fuels and complicate financial terms for new energy projects.
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Crooks and Liars broke the news in United States on Wednesday, April 9, 2025.
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