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Trump shifted on tariffs after bond holders got jittery. He held millions himself.

When the US President paused a round of global tariffs, he attributed his change of heart to the bond market. Trump should know – he had a big personal stake in it.

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login When President Donald Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing. “I was watching the bond market,” he said.

“The bond market is very tricky.” Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you.

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