Inside the room - why Trump had to bow to the markets | The Daily T

Well he set out to Make America Wealthy Again. Instead, Donald Trump Made America Climb Down Again.

The president has now paused all global tariffs above ten percent for ninety days - with the exception of China, where the latest episode of their tit for tat trade war has seen the US placing a 125pc levy on all imported goods from there.

The big question is, was this all part of a great Trump masterplan to upend the global order, assert US dominance and bring everyone to the table under his terms? Or did he, as is rumoured, act only after seeing an interview with JP Morgan boss Jamie Dimon saying a recession was "probable"?

Camilla and Kamal are joined by former member of Trump's economic council, Carla Sands, who makes the case that the president's expertise in causing chaos is, in fact, his biggest strength.

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