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Trump Shifted on Tariffs After Bond Holders Got Jittery. He Held Millions Himself.

By Ilene
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While there is no indication that President Trump did anything improper, he had a financial incentive to change course on tariffs. Credit...Eric Lee/The New York Times

As of August, the president’s investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs.

By Ben Protess, Andrea Fuller and Joe Rennison, NY Times 

When President Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing.

“I was watching the bond market,” he said. “The bond market is very tricky.”

Mr. Trump should know — he had a big personal stake in it.

More here >

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