Why did Donald Trump buckle?

Was Jimmy Damon or the bond market?

Donald Trump played chicken with markets for a week. However, by Wednesday, the multi -mountain trade war on the world on April 2 with a lot of economically, financially, and political uproar for the American president.

In a surprising step, Trump moved away from the most severe American definitions he put on American trading partners-with the exception of China-declaring 90 days in fees to give markets to breathe time and leave a space for negotiations.

Like U-U-Turn, a real setback for a president who said that he “liberated” the Americans from what he claimed was an unfair global trade system, as he suggested that he had courage to rearrange it.

His decision to the cave, at least in part, is a sign that Trump is still vulnerable to a violent reaction of investors, legislators and donors – even in one of the promises of the signing policy.

Trump said he was considering stopping the “past few days”, while moving together “early. [Wednesday] morning”.

He said it was the opposite of the definitions because people were “getting. … a little afraid.” “I thought people were jumping a little outside the line. They were getting Yipi.”

In the end, he added, “Books from the Heart”.

“I think this has proven to pay attention to the markets and that he realizes when he went away. I think this is an additional feature for handrails: the market still has power and cannot be hidden.”

Until Sunday, even after two brutal sales in the American stock markets, Trump pledged to maintain his difficult line. The President spent most of the weekend in Florida playing a golf game and putting a very high tape of conversations with worrying partners. He cleaned market disturbances as luster.

But the strains began to appear.

Capitol Hill Republicans who returned Trump in almost everything were suddenly expressing criticism. Democrats who struggled to find an effective line of the attack from the political gift that Trump presented a commercial war that would harm voters throughout the United States.

Collecting the revolution against Trump’s super -protective protection from investors and some of his wealthy supporters in American business, including Elon Musk, Technology billionaire, Steam’s Setam House Adviser.

By Monday, Trump began adapting. He launched trade talks with Japan and South Korea and developed Treasury Secretary Scott Bessin, who is considered in Wall Street to be the most reliable for the president’s lieutenant, responsible for negotiations with commercial partners.

Smred in aggressive trade Peter Navarro, who wrote commercial partners in the field of financial opinion that Trump did not negotiate – just as Pisent said he was doing it exactly – he seemed to give up some influence.

Trump said that while he was weighing the stop, he spoke with Bessent and Lutnick, and he did not mention Navarro.

However, the market crisis has not been extended to the debts of the US government this week, prompting economists such as former Treasury Secretary, Lawrence Samarz, to warn the financial crisis, which Trump truly collected, stopping the additional “liberation day” tariff.

A person close to the White House said: “Trump is fine with Wall Street, who has achieved great success, but he does not want to descend the entire house,” said a White House.

The man, whose professional life, as a real estate developer, witnessed the publication of the debts of warnings in the American bond market.

“The bond market is very difficult, I was watching it … people were getting a little anger,” Trump said on Wednesday.

He also said that he was convinced of an interview magazine that the CEO of JPMorgan, Dimon, did it on Fox Business, as he warned that the United States may have been heading to recession.

“I take a quiet point of view, but I think it may get worse if we don’t make some progress here,” Damon said.

White House officials have sought to shoot Trump’s massive transformation as part of a big plan.

Speaking outside the White House on Wednesday afternoon, Bessent said he spent part of Sunday with Trump in Florida and described the events last week as reflecting the “president’s strategy all the time.”

“It has brought more than 75 countries forward to negotiate. It took great courage and great courage to stay in the session until this moment, and it ended here,” Bisin said, adding that America will now participate in the “goodwill” talks. “We are ready to hear you.”

A few days ago, Bessent praised Trump’s tariff plans in an interview with Tucker Carlson, indicating that it will help the United States make the global market more fair, industrial sand and address “massive distribution problems” in its economy.

But a Wall Street CEO near the White House said that Bessent helped Trump to reach the conclusion that the United States should stop increasing the customs tariff for countries with good good relations with the United States and restricting its most severe punishment on Beijing.

Business groups have been diluted, but she said that cramps about the path of Trump’s policies were not raised. They pointed out that the definitions of 10 per cent over most countries remained in place. The United States escalated from its trade war with China, the second largest economy in the world, and possible fees on specific sectors such as cars and pharmaceutical preparations.

“While this temporary pause may reduce immediate pain, it does not reduce the uncertainty that paralyzes the trade of companies, its sources and investment,” said Jake Kulvin, head of the National Council for Foreign Trade, a pressure group in Washington.

He added: “We encourage the administration to continue to cancel the escalation, determine the permanent paths forward to eliminate these duties, rebuild confidence, and reduce uncertainty in the future with our economic partners.”

Democrats continued to bomb the president, despite its decline.

“Chaos, uncertainty, and real damage to Trump’s tariff tax will not disappear in 90 days. The final result: the president has created global chaos at the expense of American families and companies,” Dick Dorbin, Sinator Illinois, said in a statement.

Additional reports from Will Schmidt in New York