19.06.2025
19.06.2025
19.06.2025
WASHINGTON — “Liberation Day” just gave way to Capitulation Day. skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd.onion President Donald Trump pulled back Wednesday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order. Trump's early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony. Follow live politics coverage here skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd.onion The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who've been sinking their savings into 401(k)s to rethink their retirement plans. Ahead of Trump's announcement, some of his advisers had been in a near panic about the bond markets, according to a senior administration official. Interest rates on 10-year Treasury bonds had been rising, contrary to what normally happens when stock prices fall and investors seek safety in treasuries. The unusual dynamic meant that at the same time the tariffs could push up prices, people would be paying more to buy homes or pay off credit card debt because of higher interest rates. Businesses looking to expand would pay more for new loans. skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd onion Two of Trump's most senior advisers, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, presented a united front Wednesday, urging him to suspend the tariffs in light of the bond market, the administration official said. In a social media post, Trump announced a 90-day pause that he said he’ll us
19.06.2025
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19.06.2025
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