CutTheClutter: Trump’s T20-style trade policy: Markets stump US President, force 90-day pause on reciprocal tariffs

#cuttheclutter US President Donald Trump has announced a 90-day pause on reciprocal tariffs unleashed against trading partners barely a week ago, marking a sharp U-turn from his earlier hardline stance. In just 48 hours, the message has flipped from “no negotiations” to “everyone wants a deal”. From accusing both allies and foes of looting America to now calling global markets important, what prompted this sudden change of heart? In episode 1638 of Cut The Clutter, Editor-in-Chief Shekhar Gupta recounts events from the last two days, tracks market reactions, and how rising bond yields and crashing stocks may have promoted this reversal. --------------------------------------------------------------------------------------------- To read FT newsletter by Robert Armstrong: https://www.ft.com/content/c521be94-81b4-4807-94ba-9f0fa422eb6d --------------------------------------------------------------------------------------------- To read Washington Post piece 'MAGA Maoism is spreading through the populist right': https://www.washingtonpost.com/opinions/2025/04/08/maga-maoism-tariffs-trump/ --------------------------------------------------------------------------------------------- To read NYT article on 'From ‘Be Cool!’ to ‘Getting Yippy’: Inside Trump’s Reversal on Tariffs': https://www.nytimes.com/2025/04/09/us/politics/trump-tariff-pause-be-cool.html --------------------------------------------------------------------------------------------- To visit ThePrint Store: https://store.theprint.in/