Fund managers worry about Trump’s mental state amid tariff debacle
www.independent.co.uk
Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’

Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.

Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.

“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.

    • teawrecks@sopuli.xyz
      41·
      11 months ago

      There is nothing to be gained from assuming your opponent is not acting rationally.

      • SparroHawc@lemm.ee
        5·
        11 months ago

        Oh, he’s acting rationally from the perspective of someone who thinks he has all the answers and wants to throw his weight around. He’s trying to be a tough business guy to China and is only backing off when someone finally manages to explain to him that it’s a bad idea in terms simple enough that he can sit through them.