#TariffsPause Trump Denies Bond Market Influence on Tariff Decisions
President Donald Trump stated that recent turmoil in the bond market did not affect his decision to pause aggressive "reciprocal" tariffs against U.S. trading partners. In an interview with Time magazine, Trump emphasized that he remained unconcerned about market fluctuations, asserting he was waiting for favorable numbers before proceeding with tariffs. Despite the bond market's swift sell-off following his April 2 announcement of a 10% duty on all U.S. imports, he clarified that the delay was due to ongoing negotiations rather than financial market pressures. Trump also expressed confidence in the U.S. economy and suggested that he would consider a 50% tariff a "total victory" even a year from now, indicating a willingness to maintain tariffs in pursuit of favorable trade terms.