حسن سالم
Open Trade
Frequent Trader
8 Months
4 Following
9 Followers
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This is a banking network that relies on web 3 technologies and aims to empower individuals and institutions around the world to benefit from the next generation of financial products and services. With bank vault-like security, instant transactions, and integration into the real world, Vault is a turning point in the world of digital banking. Whether you are transferring assets across borders, earning rewards from them, or working on developing innovative financial solutions, Vaulta provides you with the tools necessary for a secure, fast, and easily accessible financial system. $XRP $BTC $DEXE #BTCRebound #WhaleMovements #SECGuidance #TariffsPause
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#Vaulta #Vaulta
Vaulta is a banking network based on web 3 technologies, aimed at empowering individuals and institutions around the world to benefit from the next generation of financial products and services. With bank-vault-like security, instant transactions, and integration into the real world, Vaulta is a turning point in the world of digital banking. Whether you are transferring assets across borders, earning rewards from them, or developing innovative financial solutions, Vaulta provides you with the tools needed for a secure, fast, and accessible financial system.$XRP $BTC $DEXE #BTCRebound #WhaleMovements #SECGuidance #TariffsPause
Vaulta is a banking network based on web 3 technologies, aimed at empowering individuals and institutions around the world to benefit from the next generation of financial products and services. With bank-vault-like security, instant transactions, and integration into the real world, Vaulta is a turning point in the world of digital banking. Whether you are transferring assets across borders, earning rewards from them, or developing innovative financial solutions, Vaulta provides you with the tools needed for a secure, fast, and accessible financial system.$XRP $BTC $DEXE #BTCRebound #WhaleMovements #SECGuidance #TariffsPause
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I have moved the stop loss for the $NEAR currency to 2.04 .. I definitely do not trade on stock market holidays; however, it is one of the currencies we entered on the channel since the day the inflation index was released; then I posted here a few hours after the index was released that I still hold it.
💠 Note: In any case, we will enter the market together from excellent areas if the positivity is clearly achieved because so far there is no positive sign in front of me, as Bitcoin has been unable to change the trend since last night, in addition to closing below $85,000.
We now know that if Bitcoin reaches $85,000, what is the next target?! Yes, $85,650 and then we stop and wait for a re-test of the support below, it may drop at that time to $82 down to $79 and from there we enter again (this is certainly in the case of confirming positivity)
💠 Note: In any case, we will enter the market together from excellent areas if the positivity is clearly achieved because so far there is no positive sign in front of me, as Bitcoin has been unable to change the trend since last night, in addition to closing below $85,000.
We now know that if Bitcoin reaches $85,000, what is the next target?! Yes, $85,650 and then we stop and wait for a re-test of the support below, it may drop at that time to $82 down to $79 and from there we enter again (this is certainly in the case of confirming positivity)
#SECGuidance $BTC #SECGuidance CASE! 🚨
The SEC just fired back at Ripple, opposing the emergency request to present new evidence!
Judge Torres, get ready for a heated battle!
The urgency suggests something BIG is at play!
Will Ripple emerge victorious or will the SEC prevail?
Stay glued to your screens for the latest updates on $XRP #SECGuidance
The SEC just fired back at Ripple, opposing the emergency request to present new evidence!
Judge Torres, get ready for a heated battle!
The urgency suggests something BIG is at play!
Will Ripple emerge victorious or will the SEC prevail?
Stay glued to your screens for the latest updates on $XRP #SECGuidance
$ETH
$ETH I&JoblessClaimsWatch If the CPI data shows that inflation is lower than anticipated, it may indicate that central banks, such as the U.S. Federal Reserve, could ease monetary tightening (for example, pause rate hikes or even cut rates). This typically boosts risk assets, including cryptocurrencies, as lower interest rates make borrowing cheaper and reduce the appeal of safe-haven assets like bonds. Investors may pour money into Bitcoin and altcoins, anticipating a "risk-on" environment. For instance, a softer CPI could weaken the U.S. dollar, further supporting cryptocurrency prices as many cryptocurrencies
$ETH I&JoblessClaimsWatch If the CPI data shows that inflation is lower than anticipated, it may indicate that central banks, such as the U.S. Federal Reserve, could ease monetary tightening (for example, pause rate hikes or even cut rates). This typically boosts risk assets, including cryptocurrencies, as lower interest rates make borrowing cheaper and reduce the appeal of safe-haven assets like bonds. Investors may pour money into Bitcoin and altcoins, anticipating a "risk-on" environment. For instance, a softer CPI could weaken the U.S. dollar, further supporting cryptocurrency prices as many cryptocurrencies
#CPI&JoblessClaimsWatch every day each of you can collect these points on Binance
It only takes 5 minutes during the day
you can earn without investing
stay tuned for more such posts and follow
TNX
It only takes 5 minutes during the day
you can earn without investing
stay tuned for more such posts and follow
TNX
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#BinanceSafetyInsights
Binance focuses heavily on user security and their assets.
Key security measures include storing the vast majority of assets in cold wallets that are offline, using two-factor authentication (2FA) with multiple options including authentication apps and physical devices like YubiKey, real-time monitoring systems, advanced access controls such as whitelisting withdrawal "addresses" and restricting API access, security notifications to alert on any suspicious activity, and encryption of sensitive data. It also has a Secure Asset Fund for Users (SAFU) to cover losses in the event of a security breach.
To enhance the security of 🔐 their accounts, users are advised to enable two-factor authentication, use strong and unique passwords and update them regularly, be cautious of malware and phishing, and consider withdrawing cryptocurrencies to their own wallets.
Despite these measures, 🥹 various security incidents have occurred in the broader cryptocurrency space, including hacks targeting other platforms and phishing attacks. These incidents emphasize the ongoing need for vigilance and the adoption of best security practices by users.
Binance focuses heavily on user security and their assets.
Key security measures include storing the vast majority of assets in cold wallets that are offline, using two-factor authentication (2FA) with multiple options including authentication apps and physical devices like YubiKey, real-time monitoring systems, advanced access controls such as whitelisting withdrawal "addresses" and restricting API access, security notifications to alert on any suspicious activity, and encryption of sensitive data. It also has a Secure Asset Fund for Users (SAFU) to cover losses in the event of a security breach.
To enhance the security of 🔐 their accounts, users are advised to enable two-factor authentication, use strong and unique passwords and update them regularly, be cautious of malware and phishing, and consider withdrawing cryptocurrencies to their own wallets.
Despite these measures, 🥹 various security incidents have occurred in the broader cryptocurrency space, including hacks targeting other platforms and phishing attacks. These incidents emphasize the ongoing need for vigilance and the adoption of best security practices by users.
#StaySAFU #StaySAFU Introducing the fifth topic of our Risk Management Deep Dive – #StaySAFU
The crypto space is rife with scams that can jeopardize your investments, such as phishing scams, rug pulls, pump and dump schemes, fake ICOs and more. Understanding how to spot and avoid potential scams is essential for protecting your assets.
👉 Your post can include:
• Share your personal experiences with scams, how you handled it and key lessons you learnt.
• What are the key red flags or warnings signs you look out for?
• Share any tools or resources you use to verify information and avoid scams.
E.g. of a post - “I once received an email offering a guaranteed high return on a lesser-known crypto token, which raised my suspicions. After some research, I discovered it was not listed on any reputable exchange and had no credible backing. Days later, the project was exposed to be a rug pull. Always check for verifiable information and trust your instincts! #StaySAFU "
📢 Create a post with #StaySAFU and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
The crypto space is rife with scams that can jeopardize your investments, such as phishing scams, rug pulls, pump and dump schemes, fake ICOs and more. Understanding how to spot and avoid potential scams is essential for protecting your assets.
👉 Your post can include:
• Share your personal experiences with scams, how you handled it and key lessons you learnt.
• What are the key red flags or warnings signs you look out for?
• Share any tools or resources you use to verify information and avoid scams.
E.g. of a post - “I once received an email offering a guaranteed high return on a lesser-known crypto token, which raised my suspicions. After some research, I discovered it was not listed on any reputable exchange and had no credible backing. Days later, the project was exposed to be a rug pull. Always check for verifiable information and trust your instincts! #StaySAFU "
📢 Create a post with #StaySAFU and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
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#SecureYourAssets 🚨 *Big Whale Movement: 1,499 BTC Transferred* 🚨
A massive transfer occurred: *1,499 BTC* (valued at approximately *119 million dollars*) was transferred from one unknown wallet to another unknown wallet.
What does this mean?
- *Whale Activity*: This type of movement is common for large cryptocurrency holders (whales) who are either moving their assets for security reasons, transitioning to new storage, or preparing for a significant market move.
- *No Immediate Impact*: Since the wallets are unknown, we cannot determine whether the coins will be sold or held long-term, but it indicates that major players are active behind the scenes.
What to watch for:
- *Market Reaction*: Depending on what the whale does next, this could signal either accumulation (bullish) or potential selling (bearish).
- *Potential for Volatility*: Large movements like this may indicate upcoming price volatility, so watch for Bitcoin price action.
Stay ALERT, the market is always changing with whale activity! 🐋📉📈
A massive transfer occurred: *1,499 BTC* (valued at approximately *119 million dollars*) was transferred from one unknown wallet to another unknown wallet.
What does this mean?
- *Whale Activity*: This type of movement is common for large cryptocurrency holders (whales) who are either moving their assets for security reasons, transitioning to new storage, or preparing for a significant market move.
- *No Immediate Impact*: Since the wallets are unknown, we cannot determine whether the coins will be sold or held long-term, but it indicates that major players are active behind the scenes.
What to watch for:
- *Market Reaction*: Depending on what the whale does next, this could signal either accumulation (bullish) or potential selling (bearish).
- *Potential for Volatility*: Large movements like this may indicate upcoming price volatility, so watch for Bitcoin price action.
Stay ALERT, the market is always changing with whale activity! 🐋📉📈
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This trader was liquidated with a loss of $300,000, which was earned over a full 3 years of effort 😣 and hard work in a single trade 😱
Preserving capital is more important than the pursuit of quick profits. Stick to the rules to become a successful trader in the long run.
1. **Risk a small percentage**: Do not lose more than 1-2% of your capital in a single trade.
2. **Use stop-loss**: Set a loss level in advance and stick to it.
3. **Calculate position size accurately**: Do not over-leverage your trade relative to your capital.
4. **Avoid excessive daily risk**: Set a maximum daily loss (e.g., 5%) and stop at that point.
5. **Do not rely on high leverage**: Use it cautiously to avoid large losses.
6. **Stick to your trading plan**: Do not change your strategy due to emotions or news.
7. **Choose trades with better risk-to-reward ratio**: Aim for expected profit to be double the potential loss.
8. **Track your performance**: Record your trades to analyze mistakes and improve performance.
9. **Do not try to recover losses with random trades**: Emotional trading leads to bigger losses.
Preserving capital is more important than the pursuit of quick profits. Stick to the rules to become a successful trader in the long run.
1. **Risk a small percentage**: Do not lose more than 1-2% of your capital in a single trade.
2. **Use stop-loss**: Set a loss level in advance and stick to it.
3. **Calculate position size accurately**: Do not over-leverage your trade relative to your capital.
4. **Avoid excessive daily risk**: Set a maximum daily loss (e.g., 5%) and stop at that point.
5. **Do not rely on high leverage**: Use it cautiously to avoid large losses.
6. **Stick to your trading plan**: Do not change your strategy due to emotions or news.
7. **Choose trades with better risk-to-reward ratio**: Aim for expected profit to be double the potential loss.
8. **Track your performance**: Record your trades to analyze mistakes and improve performance.
9. **Do not try to recover losses with random trades**: Emotional trading leads to bigger losses.
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#TradingPsychology
Trading Psychology: How to Control Your Emotions for Success?
Success in trading relies not only on technical or fundamental analysis, but psychological factors also play a crucial role in decision-making. Fear, greed, and hesitation can lead traders to illogical decisions resulting in unnecessary losses. Therefore, understanding and properly managing Trading Psychology is the key to success in financial markets.
Here are some tips to control your emotions while trading:
✔️ Stick to Your Plan: Set a clear strategy and adhere to it, instead of making emotional decisions based on immediate market movements.
✔️ Control Losses: Use Stop Loss strategies to avoid losing control.
✔️ Post-Trade Analysis: Regularly review your trades to understand mistakes and improve your future decisions.
✔️ Risk Management: Don’t risk more than you can afford, and ensure to apply the Risk-Reward Ratio.
In the end, successful trading is not only about technical skills but also about your ability to control your emotions and make rational decisions. How do you handle psychological pressure while trading?
#
Trading Psychology: How to Control Your Emotions for Success?
Success in trading relies not only on technical or fundamental analysis, but psychological factors also play a crucial role in decision-making. Fear, greed, and hesitation can lead traders to illogical decisions resulting in unnecessary losses. Therefore, understanding and properly managing Trading Psychology is the key to success in financial markets.
Here are some tips to control your emotions while trading:
✔️ Stick to Your Plan: Set a clear strategy and adhere to it, instead of making emotional decisions based on immediate market movements.
✔️ Control Losses: Use Stop Loss strategies to avoid losing control.
✔️ Post-Trade Analysis: Regularly review your trades to understand mistakes and improve your future decisions.
✔️ Risk Management: Don’t risk more than you can afford, and ensure to apply the Risk-Reward Ratio.
In the end, successful trading is not only about technical skills but also about your ability to control your emotions and make rational decisions. How do you handle psychological pressure while trading?
#
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When looking at the ETH/USDT pair, we find that analyzing the Risk Reward Ratio is extremely important for any trader. Let's assume you decided to enter a trade when the price of Ethereum was $3300, and you set your stop loss at $3200, with a target at $3600. Here, the risk is $100 and the potential reward is $300, meaning the risk to reward ratio is 1:3, which is considered ideal in the trading world.
The higher the reward ratio compared to the risk, the greater the chances of achieving good profits in the long term, even if the success rate of trades is low. Therefore, it is important not to rely solely on technical analysis or news, but to have a clear trading plan based on the risk to reward ratio.
The higher the reward ratio compared to the risk, the greater the chances of achieving good profits in the long term, even if the success rate of trades is low. Therefore, it is important not to rely solely on technical analysis or news, but to have a clear trading plan based on the risk to reward ratio.
#StopLossStrategies
Introducing the second topic of our Risk Management Deep Dive
Stop-loss strategies are essential tools for managing risk in trading. By setting predetermined exit points, you can protect your investments from significant losses during market downturns. Understanding how to effectively implement stop-loss orders can help you maintain control over your trading outcomes.
👉 Your post can include:
• What types of stop-loss strategies do you use, and why?
• How do you determine the appropriate levels for your stop-loss orders?
• Can you share any examples where your stop-loss strategy successfully protected your investments?
E.g. of a post - “I use a combination of fixed stop-loss orders and trailing stop-loss orders. For fixed stop-loss orders, I set levels based on key support points and risk tolerance. Trailing stop-loss orders help me lock in profits while adapting to market movements. This approach has protected my investments during sudden downturns and allowed me to secure gains during uptrends. #StopLossStrategies ”
📢 Create a post with #StopLossStrategies and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
Introducing the second topic of our Risk Management Deep Dive
Stop-loss strategies are essential tools for managing risk in trading. By setting predetermined exit points, you can protect your investments from significant losses during market downturns. Understanding how to effectively implement stop-loss orders can help you maintain control over your trading outcomes.
👉 Your post can include:
• What types of stop-loss strategies do you use, and why?
• How do you determine the appropriate levels for your stop-loss orders?
• Can you share any examples where your stop-loss strategy successfully protected your investments?
E.g. of a post - “I use a combination of fixed stop-loss orders and trailing stop-loss orders. For fixed stop-loss orders, I set levels based on key support points and risk tolerance. Trailing stop-loss orders help me lock in profits while adapting to market movements. This approach has protected my investments during sudden downturns and allowed me to secure gains during uptrends. #StopLossStrategies ”
📢 Create a post with #StopLossStrategies and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
#DiversifyYourAssets Introducing the first topic of our Risk Management Deep Dive
Diversifying your assets is essential for a resilient portfolio. It reduces risk and enhances the potential for stable returns. Knowing how to select and balance these assets is crucial for long-term success.
👉 Your post can include:
• What crypto assets do you include in your portfolio, and why?
• How do you select and balance these assets to achieve diversification?
• Can you share any examples where your diversification strategy positively impacted your overall trading performance?
E.g. of a post - “I include a mix of Bitcoin, Ethereum, altcoins and stablecoins in my portfolio. This diversification strategy helps me mitigate risks by spreading exposure across different segments of the crypto market, and it has consistently provided me with balanced growth and reduced volatility. #DiversifyYourAssets "
📢 Create a post with #DiversifyYourAssets and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
Diversifying your assets is essential for a resilient portfolio. It reduces risk and enhances the potential for stable returns. Knowing how to select and balance these assets is crucial for long-term success.
👉 Your post can include:
• What crypto assets do you include in your portfolio, and why?
• How do you select and balance these assets to achieve diversification?
• Can you share any examples where your diversification strategy positively impacted your overall trading performance?
E.g. of a post - “I include a mix of Bitcoin, Ethereum, altcoins and stablecoins in my portfolio. This diversification strategy helps me mitigate risks by spreading exposure across different segments of the crypto market, and it has consistently provided me with balanced growth and reduced volatility. #DiversifyYourAssets "
📢 Create a post with #DiversifyYourAssets and share your insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center)
Full campaign details here.
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#BinanceEarnYieldArena
Binance Earn Yield Arena is a service provided by the Binance platform, which is one of the largest cryptocurrency trading platforms in the world.
Binance Earn is a service that allows users to earn returns on their digital assets through a variety of products, including:
- *Fixed deposits*: where users can earn returns on their digital assets through fixed deposits.
- *Investments in cryptocurrencies*: where users can earn returns on their investments in cryptocurrencies.
- *Investments in digital assets*: where users can earn returns on their investments in digital assets.
Yield Arena is part of Binance Earn, and it provides users with opportunities to earn higher returns on their digital assets through a variety of products and services.
Through Binance Earn Yield Arena, users can:
- *Earn higher returns*: on their digital assets through a variety of products and services.
- *Diversify their investments*: by investing in a variety of digital assets.
- *Access new investment opportunities*: through a variety of products and services offered by Binance Earn Yield Arena.
It is important to note that investments in cryptocurrencies and digital assets carry risks, and the value can fluctuate significantly. Users should always conduct research and analysis before investing in any product or service.
Binance Earn Yield Arena is a service provided by the Binance platform, which is one of the largest cryptocurrency trading platforms in the world.
Binance Earn is a service that allows users to earn returns on their digital assets through a variety of products, including:
- *Fixed deposits*: where users can earn returns on their digital assets through fixed deposits.
- *Investments in cryptocurrencies*: where users can earn returns on their investments in cryptocurrencies.
- *Investments in digital assets*: where users can earn returns on their investments in digital assets.
Yield Arena is part of Binance Earn, and it provides users with opportunities to earn higher returns on their digital assets through a variety of products and services.
Through Binance Earn Yield Arena, users can:
- *Earn higher returns*: on their digital assets through a variety of products and services.
- *Diversify their investments*: by investing in a variety of digital assets.
- *Access new investment opportunities*: through a variety of products and services offered by Binance Earn Yield Arena.
It is important to note that investments in cryptocurrencies and digital assets carry risks, and the value can fluctuate significantly. Users should always conduct research and analysis before investing in any product or service.
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#BinanceEarnYieldArena
Binance Earn Yield Arena is a service provided by the Binance platform, one of the largest cryptocurrency trading platforms in the world.
Binance Earn is a service that allows users to earn returns on their digital assets through a variety of products, including:
- *Fixed Deposits*: where users can earn returns on their digital assets through fixed deposits.
- *Investments in Cryptocurrencies*: where users can earn returns on their investments in cryptocurrencies.
- *Investments in Digital Assets*: where users can earn returns on their investments in digital assets.
Yield Arena is part of Binance Earn, and it provides users with opportunities to earn higher returns on their digital assets through a variety of products and services.
Through Binance Earn Yield Arena, users can:
- *Earn Higher Returns*: on their digital assets through a variety of products and services.
- *Diversify Their Investments*: by investing in a variety of digital assets.
- *Access New Investment Opportunities*: through a variety of products and services offered by Binance Earn Yield Arena.
It is important to note that investments in cryptocurrencies and digital assets carry risks, and values can fluctuate significantly. Users should always conduct research and analysis before investing in any product or service.
Binance Earn Yield Arena is a service provided by the Binance platform, one of the largest cryptocurrency trading platforms in the world.
Binance Earn is a service that allows users to earn returns on their digital assets through a variety of products, including:
- *Fixed Deposits*: where users can earn returns on their digital assets through fixed deposits.
- *Investments in Cryptocurrencies*: where users can earn returns on their investments in cryptocurrencies.
- *Investments in Digital Assets*: where users can earn returns on their investments in digital assets.
Yield Arena is part of Binance Earn, and it provides users with opportunities to earn higher returns on their digital assets through a variety of products and services.
Through Binance Earn Yield Arena, users can:
- *Earn Higher Returns*: on their digital assets through a variety of products and services.
- *Diversify Their Investments*: by investing in a variety of digital assets.
- *Access New Investment Opportunities*: through a variety of products and services offered by Binance Earn Yield Arena.
It is important to note that investments in cryptocurrencies and digital assets carry risks, and values can fluctuate significantly. Users should always conduct research and analysis before investing in any product or service.
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#MarketRebound
🇺🇸🤝🇷🇺 President Trump says he plans to meet President Putin! 🔥
Trump announced that he wants to meet with Russian President Putin to discuss — especially about the war in Ukraine. This meeting could be a huge step towards peace! 🌍✌️
What is happening in the markets?
📈 Russian stocks jumped! Major Russian companies like Gazprom and Sberbank rose by more than 8%!
🌍 European markets are smiling! Stock markets in France and Germany also rose after this news.
🛢️ Oil prices dropped slightly. Brent crude fell by about 1% to reach $74 per barrel.
Why is this important?
If the two leaders reach some agreement, it could help ease global tensions, boost trade, and even give hope for peace in Ukraine. Moves like this quickly affect the markets!
Stay tuned — this meeting could change everything! 👀✨
🇺🇸🤝🇷🇺 President Trump says he plans to meet President Putin! 🔥
Trump announced that he wants to meet with Russian President Putin to discuss — especially about the war in Ukraine. This meeting could be a huge step towards peace! 🌍✌️
What is happening in the markets?
📈 Russian stocks jumped! Major Russian companies like Gazprom and Sberbank rose by more than 8%!
🌍 European markets are smiling! Stock markets in France and Germany also rose after this news.
🛢️ Oil prices dropped slightly. Brent crude fell by about 1% to reach $74 per barrel.
Why is this important?
If the two leaders reach some agreement, it could help ease global tensions, boost trade, and even give hope for peace in Ukraine. Moves like this quickly affect the markets!
Stay tuned — this meeting could change everything! 👀✨
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"Fearing a disaster... Sources reveal to CNN the reason behind Trump's temporary suspension of tariffs"
(CNN) -- The surprising decision by U.S. President Donald Trump to roll back his comprehensive tariff plan, announcing a halt for 3 months, revealed the extent of his ability to bear political pain: one week.
On Wednesday, Trump commented on the increasing criticism that poured over the White House during the past week: "They were screaming, they were screaming a little, and they felt a little scared."
Even for a president known for his political flip-flops, his announcement on Wednesday to suspend the long-awaited reciprocal tariffs for 3 months is a stunning reversal from a plan he appeared to fully support just one day prior. This came at a time when his trade representative was testifying on Capitol Hill about the benefits of tariffs, seemingly unaware of the suspension decision.
It seems that days of pressure from his fellow Republicans, businessmen, and even close friends did not sway Trump, who insisted last week that "my policies will never change."
But by Wednesday, it was clear that the campaign to persuade Trump to change his course would not ease, as evidenced after a sharp sell-off in U.S. government bond markets, which are usually a safe haven for investors, that the economic repercussions of Trump's strategy could be catastrophic and worse than expected.
(CNN) -- The surprising decision by U.S. President Donald Trump to roll back his comprehensive tariff plan, announcing a halt for 3 months, revealed the extent of his ability to bear political pain: one week.
On Wednesday, Trump commented on the increasing criticism that poured over the White House during the past week: "They were screaming, they were screaming a little, and they felt a little scared."
Even for a president known for his political flip-flops, his announcement on Wednesday to suspend the long-awaited reciprocal tariffs for 3 months is a stunning reversal from a plan he appeared to fully support just one day prior. This came at a time when his trade representative was testifying on Capitol Hill about the benefits of tariffs, seemingly unaware of the suspension decision.
It seems that days of pressure from his fellow Republicans, businessmen, and even close friends did not sway Trump, who insisted last week that "my policies will never change."
But by Wednesday, it was clear that the campaign to persuade Trump to change his course would not ease, as evidenced after a sharp sell-off in U.S. government bond markets, which are usually a safe haven for investors, that the economic repercussions of Trump's strategy could be catastrophic and worse than expected.
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