Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.

Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.

“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.

    • Geetnerd@lemmy.world
      link
      fedilink
      English
      arrow-up
      7
      ·
      1 day ago

      His true masters have put more thought than that into it. They just can’t control him to the extent they thought. But it’s mostly working out for them.

      • SparroHawc@lemm.ee
        link
        fedilink
        arrow-up
        5
        ·
        1 day ago

        Oh, he’s acting rationally from the perspective of someone who thinks he has all the answers and wants to throw his weight around. He’s trying to be a tough business guy to China and is only backing off when someone finally manages to explain to him that it’s a bad idea in terms simple enough that he can sit through them.

    • Woht24@lemmy.world
      link
      fedilink
      arrow-up
      3
      arrow-down
      2
      ·
      1 day ago

      You can’t guarantee that at all. You want it to be true because it serves your own ideas and rhetoric but in reality, you have no idea what he has, hasn’t or will think about it.