Fox Business’s main correspondent Charlie Gasparino wants to make sure that Americans know exactly why he believes President Donald Trump The reverse course Wednesday when it paused with his radical prices on the largest trade partners in the United States.
After Sandra Smith of Fox News asked Gasparino if the reversal of the president’s price could have been part of his negotiation tactics from the startThe fox fox veteran at 15 quickly launched cold water on this idea.
“I want to tell you now that Donald Trump has foiled the world”, ” Gasparino told Smith Shortly after Trump announced the 90 -day break. “Believe me. I am American, I support my president. But that’s not really what happened here, from what I understand. ”
According to Gasparino, Japan has forced the president’s hand.
“Let us recall what happened overnight and what I understand, and I receive that of people who speak in the White House,” he said. “(T) it increases the yields over the 30th and the bond of 10 years, which showed that people were throwing our obligations. And who were these people who poured our obligations? Japan, the largest bond holder, was to sell bonds. This is what I receive very large monetary managers. ”
“If you have a mass sale of obligations, it means that people lose confidence in the American economy, on the ability to agree with us and, from what I understand, this is what forced the hand of this 90 -day stay,” said Gasparino.
The journalist said he knew he would get a “hindsight” on his reports, but said: “You cannot divorce this decision here compared to what happened last night.”
Gasparino’s point of view on the contrasting situation striking with that of Some of his Fox News colleagues, Like Laura Ingraham, who called the “genius” movement and Jeanine Pirro, who said it was “the greatest victory for America”.
When the secretary of the Treasury, Scott Bessent, was invited to know if the markets had something to do with the inversion of Trump, he told journalists: “It was motivated by the strategy of the president. He and I had a long conversation on Sunday, and it was his strategy from the start. ”
“It took a lot of courage – great courage – for him to keep the course until this moment,” added Bessent.
But, According to Gasparino, Trump’s decision was hardly a profile of courage: “Let’s be clear what happened, which capitulated here, and why, and, you know, I don’t want to say that, because I am a patriot, I am an American, but it is the White House that capitulated, based on everything I hear, and all my sources. And reason is because of the bond market and what happened last night. ”
“Bessent knows it better than anyone,” he continued.
Trump seemed to recognize Wednesday later that the bond market was a factor contributing to the break. “I thought people were jumping a bit from the line”, ” Trump told journalists outside the White House.
“I was looking at the bond market. It is very delicate. If you look at him now, it’s beautiful. The bond market at the moment is magnificent. But I saw last night when people became a little zero. Said Trump.
Although it was Trump who “capitulated” on prices in the midst of the volatility of the bond market, Gasparino has always found a way to stimulate the president.
“What you can say, I think, legitimately here, is that Trump has decided to win the victory,” he said, adding: “There was a massively inflicted potential here among the whole world, except perhaps for China, right? Everyone really wanted something. So he took the victory, but don’t be mistaken … all because of the bond market.”