US President Donald Trump met his match in the bond market, triggering his tariff backflip


Source: abc.net.au abc.net.au

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Donald Trump has finally met his match. Overnight, he was confronted by a force far greater than his own and the office he now holds. The US president ran headlong into a brick wall of opposition and had no option but to back down. It's called the bond market — an arena where brutality knows no bounds and where the participants take no prisoners. Just hours earlier, at a black-tie event, the president delivered another rambling speech where he belittled world leaders and basked in the glow of his own exalted position. "I'm telling you, these countries are calling us...