Friday, April 11, 2025
Madness
The stock and bond markets have spooked Trump to delay his tariffs on most countries except China. Both markets have declined and highlighted Trump's financial madness. The message is clear. Tariffs don't work, especially 125% on Chinese goods. China is not backing down as Trump wants and in the face-off China will win. Trump prides himself on being a businessman. He's no such thing.
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