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By Tyler PagerMaggie HabermanAna Swanson and Jonathan Swan

Reporting from Washington
April 9, 2025

For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him to rethink his approach.

“I know what the hell I’m doing,” he told Republicans on Tuesday as the massive
tariffs he had imposed sent global markets into a tailspin. “BE COOL!” he said
in a social media post on Wednesday morning. “Everything is going to work out well.”

At 9:37 a.m. Wednesday, the president was still bullish on his policy, posting on Truth Social: “THIS IS A GREAT TIME TO BUY!!!”

But in the end, it was the markets that got him to cave.

The economic turmoil, particularly a rapid rise in government bond yields, caused Mr. Trump to blink on Wednesday afternoon and pause his “reciprocal” tariffs for most countries for the next 90 days, according to four people with direct knowledge of the president’s decision.

https://www.nytimes.com/2025/04/09/us/politics/trump-tariff-pause-be-cool.html

No, Trump the economics illiterate does *not* know what he's doing, on this or anything else. Everyone can see that.

No one in the incompetent fat fuck's circle knows a fucking thing about trade.

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