Why did Trump suddenly make a U-turn?

U.S. President Trump made a sudden U-turn and postponed the high tariffs for 90 days. The key factor behind this is the massive sell-off of U.S. long-term treasury bonds, warning that the tariff war has pushed the financial market to the brink of a historic collapse, forcing him to blink first and make concessions.

On Wednesday morning (April 9) Eastern Time, Trump posted on the social media platform Truth Social, urging Americans to "relax! Everything will be perfectly fine"; by 1:18 PM, he announced a 90-day delay on the tariffs.

U.S. media reported that in the crucial hours leading up to the sudden change in tariff policy, Treasury Secretary Mnuchin, Commerce Secretary Ross, and National Economic Council Chairman Hassett were at the White House briefing Trump on the accelerated sell-off of 10-year U.S. treasury bonds within 24 hours. They emphasized that the stability of the overall financial system should not be underestimated.

After all, Trump is an experienced businessman who understands the situation is serious, ultimately deciding to postpone the implementation of the tariffs, claiming to give trade partners space and time to negotiate with Washington. #保护您的资产 #加密市场反弹 #特朗普暂停新关税