The article discusses President Trump's sudden pivot from his aggressive trade war stance, initially presented as a strategic maneuver to reset trade imbalances. Allies and supporters celebrated it as a calculated decision when the announcement sent the stock market soaring. However, Trump's own comments revealed that the shift was largely due to concerns over market stability and pressure from anxious Republicans. Internal discussions highlighted fears of a bond market crash, prompting a strategic retreat from his earlier hardline position on tariffsâcasting doubt on the assertion of this being a grand strategy.
Trump's abrupt shift in trade policy was framed by allies as part of a strategic grand plan, but his own words betrayed deeper concerns behind the move.
While many praised the market surge following Trump's trade policy announcement, internal pressures and bond market jitters largely influenced the sudden change in direction.
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