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

  • Donald Trump announced sweeping tariffs last week but scaled them back this week amidst turmoil in the stock and bond markets, maintaining a 10 percent global tariff and raising tariffs on China to 145 percent.
  • Trump's handling of immigration has faced scrutiny, with deportations at less than one million and border crossings decreasing significantly, as Americans approve of his stance against unvetted immigrants.
  • Concerns about potential economic harm from the tariff policies have arisen, suggesting that a trade war with China could damage the U.S. Economy significantly.
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  • 42% of the sources lean Left
42% Left
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Crooks and Liars broke the news in United States on Wednesday, April 9, 2025.
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