Hightlight Notes
- ๐บ๐ธ Trump announced a 90-day tariff pause for countries except China amid rising market anxiety.
- ๐ The bond market faced panic selling, pushing prices down and interest rates up, indicating investor confidence issues.
- ๐๏ธ U.S. government bonds are typically a safe investment, but concerns over tariffs impacted their appeal.
- ๐ CEOs and Republicans pressured the White House for clarity as political costs rose with midterm elections approaching.
- ๐ Trump's tariff strategy was a tactical recalibration, not a complete backtrack, aimed at opening negotiations.
- ๐ค The initial tariff threats succeeded in making countries eager to engage in discussions with Trump.
- ๐ฐ Acknowledging flexibility, Trump suggested sometimes it's better to find alternative routes rather than confront challenges directly.
- ๐ The upcoming 90 days will determine whether tariffs return or if trade deals emerge, highlighting uncertainty in trade negotiations.
- ๐ญ Trump's approach to negotiations reflects his personality, often guided by media impressions rather than comprehensive strategies.
- ๐ The situation emphasizes that trade wars revolve around timing, perceptions, and political influences, not just tariffs.