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  • Apocalyptic warning about economic meltdown that forced Trump's hand on tariffs... NOT any 'art of the deal'

    04/09/2025 3:36:03 PM PDT · by Angelino97 · 70 replies
    Daily Mail ^ | April 9, 2025 | Tilly Armstrong
    President Donald Trump was forced to backtrack on his sweeping tariff plans because of a 'fire sale' in the bond market which could have triggered economic meltdown. Alongside causing turmoil in the stock market, Trump's sweeping tariff plans sparked a major US government bonds sell-off, the likes of which had not been seen since the depths of the Covid-19 crisis. Experts are saying that it was this, rather than simply the 'art of the deal,' which caused the White House to backtrack on its tariff proposals. On Wednesday, the President announced a 90-day pause on all new 'reciprocal' tariffs, in...