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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 announced a 90-day pause on many tariff increases due to concerns over the bond market's stability, which could significantly impact the U.S. Economy and mortgage rates.
  • MSNBC's Rachel Maddow warned that a collapse of the bond market would be more detrimental to the U.S. Economy than stock market declines under Trump.
  • Despite the pause, a 10 percent universal tariff remains in place, affecting various goods and industries, including energy production.
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Crooks and Liars broke the news in United States on Wednesday, April 9, 2025.
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