“Again, President Trump created maximum leverage for himself,” Bessent said, adding, “We have just been overwhelmed, overwhelmed by the response mostly from our allies who want to come and negotiate in good faith.”
REPORTER: Can you explain more of the decision making on what feels like a reversal here?
BESSENT: No pic.twitter.com/PUCIY0QZkq — Aaron Rupar (@atrupar) April 9, 2025
Press secretary Karoline Leavitt, as usual, took a combative approach, telling reporters, “Many of you in the media clearly missed The Art of the Deal, you clearly failed to see what President Trump is doing here.”
Karoline Leavitt: "Many of you in the media clearly missed The Art of the Deal."
(They're panicking because they have no idea what they're doing.) pic.twitter.com/0sJxefmg2f — Blue Georgia (@BlueATLGeorgia) April 9, 2025
It’s obvious at this point that Trump has never had a plan for his tariff scheme, and is making it up as he goes along. Wednesday’s reversal was likely prompted by growing criticism from his own supporters and normally fawning right-wing media and by a government debt sell-off, showing weakening confidence in the American economy. But Trump’s own sycophants aren’t going to admit that the president would ever back off.
lurpeli on April 9th, 2025 at 20:51 UTC »
Pretty funny seeing the market regain instantly. Almost like if you had a bunch of money, you could have bought a ton of shares low on Monday and then sold them all today and made huge gains in no time
Acrobatic-Trouble181 on April 9th, 2025 at 20:35 UTC »
Love how they try to blame the rest of us:
It's hardly the 'art of the deal' if everyone knows what you're doing.
It's also hardly the 'art of the deal' if the people who should know what you're doing, HAVE NO FUCKING IDEA what you're doing.
Absolutely pathetic.
PhotonArmy on April 9th, 2025 at 20:31 UTC »
Market manipulation scam like everything else