Charles Gasparino: In his trade war with China—tRUMP blinked!
Charles Gasparino of FAUX News posted this on “X”:
“ Breaking: Every major trader/investor I spoke to today said markets are ripping NOT because Trump crafted some great “art of the deal” deal w China on trade. Rather we are back to square 1 w the country and kicking the tariff war can down the road that averts stagflation in the short term and maybe longer if we get a deal after 90 days. Yes markets love trade capitulation. More at 1 pm on @TheBigMoneyShow”
@FoxBusiness
“ Breaking: Every major trader/investor I spoke to today said markets are ripping NOT because Trump crafted some great “art of the deal” deal w China on trade. Rather we are back to square 1 w the country and kicking the tariff war can down the road that averts stagflation in the short term and maybe longer if we get a deal after 90 days. Yes markets love trade capitulation. More at 1 pm on @TheBigMoneyShow”
@FoxBusiness