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.
Every day I the thought that I’ll never retire becomes closer to reality. My IRA is only 2 years old. I can’t bring myself to check on it because I expect it to be gone. I’ll just let the dude who manages it stress over the details while I stress over the big picture.