#TariffPause ‼️‼️‼️

Trump insists that the turmoil in the bond market did not influence the tariff pause: "I wasn't worried"

President Donald Trump denied that an aggressive sell-off in the bond market influenced his decision earlier this month to suspend aggressive "reciprocal" tariffs against U.S. trading partners.

"No, it wasn't because of that," Trump told Time magazine. "I will do it until we have the numbers I want."

President Donald Trump denied that a strong liquidation in the bond market influenced his decision earlier this month to suspend aggressive "reciprocal" tariffs against U.S. trading partners.

"I wasn't worried," Trump said in an interview with Time magazine during which he was asked about the turmoil in financial markets following his announcement of the "Liberation Day" on April 2.

Since then, yields have dropped, with the 10-year bond recently hovering around 4.28%, approximately a quarter of a percentage point above its recent low. Trump had said, when he made the decision to postpone the increase, that the bond market had panicked.