<p>Well he set out to Make America Wealthy Again. Instead, Donald Trump Made America Climb Down Again.</p><br><p>The president has now <a href="https://www.telegraph.co.uk/business/2025/04/10/trump-tariffs-climbdown-stocks-surge-markets-latest/" rel="noopener noreferrer" target="_blank">paused all global tariffs</a> above ten percent for ninety days - with the exception of China, where the latest episode of their tit for tat trade war has seen the US placing a 125pc levy on all imported goods from there.</p><br><p>The big question is, was this all part of a <a href="https://www.telegraph.co.uk/business/2025/04/09/trump-tariffs-trade-war-china-bonds-ftse-100-markets-latest/" rel="noopener noreferrer" target="_blank">great Trump master plan</a> to upend the global order, assert US dominance and bring everyone to the table under his terms? Or did he, as is rumoured, act only after seeing an interview with JP Morgan boss Jamie Dimon saying a <a href="https://www.telegraph.co.uk/business/2025/04/05/trumps-tariffs-tip-america-into-recession-warns-jp-morgan/" rel="noopener noreferrer" target="_blank">recession was “probable”</a>?</p><br><p>Camilla and Kamal are joined by former member of Trump’s economic council, Carla Sands, who makes the case that the president’s expertise in causing chaos is, in fact, his biggest strength.</p><br><p>Producers: Georgia Coan</p><p>Senior Producer: John Cadigan</p><p>Planning Editor: Venetia Rainey</p><p>Social Media Producer: Rachel Duffy</p><p>Video Editor: Valerie Browne</p><p>Studio Director: Meghan Searle</p><p>Editor: Camilla Tominey</p><p>Original music by Goss Studio</p><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>

The Daily T

The Telegraph

Inside the room: Why Trump had to bow to the markets

APR 10, 202538 MIN
The Daily T

Inside the room: Why Trump had to bow to the markets

APR 10, 202538 MIN

Description

<p>Well he set out to Make America Wealthy Again. Instead, Donald Trump Made America Climb Down Again.</p><br><p>The president has now <a href="https://www.telegraph.co.uk/business/2025/04/10/trump-tariffs-climbdown-stocks-surge-markets-latest/" rel="noopener noreferrer" target="_blank">paused all global tariffs</a> above ten percent for ninety days - with the exception of China, where the latest episode of their tit for tat trade war has seen the US placing a 125pc levy on all imported goods from there.</p><br><p>The big question is, was this all part of a <a href="https://www.telegraph.co.uk/business/2025/04/09/trump-tariffs-trade-war-china-bonds-ftse-100-markets-latest/" rel="noopener noreferrer" target="_blank">great Trump master plan</a> to upend the global order, assert US dominance and bring everyone to the table under his terms? Or did he, as is rumoured, act only after seeing an interview with JP Morgan boss Jamie Dimon saying a <a href="https://www.telegraph.co.uk/business/2025/04/05/trumps-tariffs-tip-america-into-recession-warns-jp-morgan/" rel="noopener noreferrer" target="_blank">recession was “probable”</a>?</p><br><p>Camilla and Kamal are joined by former member of Trump’s economic council, Carla Sands, who makes the case that the president’s expertise in causing chaos is, in fact, his biggest strength.</p><br><p>Producers: Georgia Coan</p><p>Senior Producer: John Cadigan</p><p>Planning Editor: Venetia Rainey</p><p>Social Media Producer: Rachel Duffy</p><p>Video Editor: Valerie Browne</p><p>Studio Director: Meghan Searle</p><p>Editor: Camilla Tominey</p><p>Original music by Goss Studio</p><p><br></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>