Brussels Gives Ground as Donald Trump Holds Firm on 10% Tariffs
Summary by Financial Times
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Democrats cry foul, allege Donald Trump of market manipulation after tariff U-turn
“Be cool… this is a great time to buy!” US President Donald Trump told his social media followers on Wednesday, barely a week after he slapped tariffs on many nations, including India, sending stock markets across the globe on a tailspin. Mere hours after his note to ‘buy’, Trump paused the tariffs for 90 days, sending the S&P 500 up. In an ideal world, this would amount to market manipulation. This is exactly what ethics experts, market watcher…
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