Even Fox News admits: Trump ‘capitulated’
Even Fox News admits: Trump ‘capitulated’
Summary
Trump paused his reciprocal tariffs on Wednesday after a surge in bond yields, triggering sharp criticism—even from Fox News.
Fox Business’ Charlie Gasparino said the administration “capitulated” due to market pressure, with the 10-year Treasury yield hitting 4.5%.
Japan, not China, reportedly dumped U.S. bonds, worsening financial instability.
Despite no trade deals, Trump tried to claim a “win” and announced a 90-day pause on tariffs for most countries—except China, which now faces tariffs up to 125%.
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I… really don’t think that’s what happened.
It was brazen market manipulation.
That’s a real thing. That happened hours before orangeboi reversed the tariffs. This is a pump-and-dump using the entire fucking US economy.
Honestly, the lack of full scope context and complete failure of imagination from pretty much all of the fucking media is kinda crushing any fragment of hope I had that this was gonna be the beginning of the end for orangeboi.
This is a great example of why blind centrism always leads to fascism, centrists are always convinced the consequences have finally come for fascists when it is literally the next step in the fascists plan.
Also:
Still have China stuff. They’ll likely make a deal but we will still have huge “per package” duties that will stay up. This means business can buy from China but it isn’t cost effective for individuals to. The goal is to go back to pre internet where the wealthy could get between you and SHEIN and scalp Chinese labor.
Also I see a lot of dems and what not highly focused on tariffs with this “gotcha” mentality and not so many dems talking about the people getting disappeared off the streets or having their green cards revoked or the talk of disappearing us citizens.
There is yet another dimension to this apparently: China has implemented new regulations regarding the export of their rare earth materials. Basically all high tech materials need these and the US has no alternative for some of these as China holds the de facto monopoly.
This is the key. China doesn’t care, they have the US’s balls in a vise and will squeeze. Trump has already lost and just doesn’t know it yet.
…are you saying I’m a centrist…? I’m absolutely, categorically not a centrist.
No I meant that in agreement with you
I was wondering if that's what he was doing. Is there a word for the reverse of a pump and dump? It seemed almost too obvious.
It doesn’t matter if it’s obvious. It’s an “official act”, and the Tribunal of Six has decided that if it’s an “official act”, whatever orangeboi says, goes.
Oh, he definitely won't see any consequences. He just made rich people richer. The rich only see consequences when they take money from other rich people.
Shorting
Shorting is a legit thing though. There isn't another phrase for a clearly illegal version?
Yeah. Insider trading.
If Fox News wants to frame it as "capitulation", let them. That's a dirty word to them, and it will affect supporters who were already having second thoughts about how senseless this whole thing is.