This moment isn’t just about one man’s greed, one man’s corruption or one man’s contempt for our Constitution.
It’s about the wealthiest people on earth who, in their insatiable greed, have hijacked our economy & politics to enrich themselves at the expense of working families.
Trump made a stunning reversal today - and that’s why stock markets are soaring.
After the President repeatedly said he wasn’t going to pause his massive tariff plan, Trump is now putting a 90-day pause on most tariffs - reducing them to 10%
But the US-China trade war is escalating.
The US is raising its tariff of Chinese goods to a total of 125% and in response, China is raising its total tariff rate on US goods to 84%.
The world’s superpowers are in this risky game of chicken- looking to see who is going to blink first.
#trump #tariffs #china #pause #stockmarket #bonds @ABC@ABCNewsLive