TRUMP'S TARIFFS: The Ups, the Downs, for Better and for Worse

After Trump launched his tariff war on 2 April, the U.S. bond market failed to play its usual role as a refuge from the chaotic stock market

PUBLISHER’S NOTE: As the old saying goes, “You can’t make this shit up.” Another week, and another week of on-again, off-again Trump tariff demands.

Let’s go back to last week.

Remember how the equity markets went down, and gold prices went up after the president said he would put a 50 percent import tax on EU products beginning 1 June?

On Sunday Trump changed his mind and did another 180 by declaring that he would hold off on the 50 percent EU tariff deadline to July 9 because Ursula von der Leyen, the president of the European Commission, asked him to.