#TariffPause

President Donald Trump denied that aggressive bond market sales had influenced his decision earlier this month to maintain an offensive "mutual" tariff on US trading partners. "No, it wasn't for this," Trump told Time Magazine. "I want to do this. President Donald Trump denied that a strong bond market influenced his decision earlier this month, claiming aggressive "mutual" tariffs on US trading partners. "I wasn't worried," Trump said in an interview with Time magazine. He was asked about the financial market turmoil after the announcement on April 2nd. In fact, Trump said it would increase from 104% to 125% after China announced its obligation to retaliate against the US on Wednesday. In all other countries that were exposed to each other against tariffs, prices are returned to a universal interest rate of 10%.