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Inside Trump’s tariff retreat: How fears of a bond market catastrophe convinced Trump to hit the pause button

  • President Trump announced sweeping tariffs only to reduce them after stock and bond market turmoil, maintaining a 10 percent global tariff and raising tariffs on China to 145 percent.
  • A Chinese importer has filed a federal lawsuit in Florida, challenging the legality of the tariffs imposed by Trump.
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  • 42% of the sources lean Left
42% Left
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Crooks and Liars broke the news in United States on Wednesday, April 9, 2025.
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