{"id":38515,"date":"2025-04-11T05:48:11","date_gmt":"2025-04-11T05:48:11","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/11\/the-big-lesson-for-europe-trump-backed-down-under-pressure\/"},"modified":"2025-04-11T05:48:11","modified_gmt":"2025-04-11T05:48:11","slug":"the-big-lesson-for-europe-trump-backed-down-under-pressure","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/11\/the-big-lesson-for-europe-trump-backed-down-under-pressure\/","title":{"rendered":"The big lesson for Europe? Trump backed down under pressure"},"content":{"rendered":"<p>The EU neither \u2018kissed ass\u2019 nor unleashed its most powerful trade weapon. Now it must provide the world with an alternative to US chaos<\/p>\n<\/p>\n<p>My condolences to everyone who spent days trying to play 5D chess with Donald Trump\u2019s market-exploding tariff mess. Where Trump is involved, there is a cloud of malevolent chaos, and there is grift amid the chaos. What grandmasters there are to be found are almost certainly grandmasters of grift.<\/p>\n<p>When markets <a href=\"https:\/\/economictimes.indiatimes.com\/news\/international\/us\/donald-trumps-tariff-bomb-triggers-historic-10-trillion-market-crash-massive-hit-equals-50-of-eus-total-economy\/articleshow\/120135817.cms?from=mdr\">dump $10tn in three days<\/a> and then gain trillions back in a single afternoon on the erratic decisions of one deeply corrupt person, you can be sure that a small number of people have made immense sums of money out of that volatility. Were the people responsible for abnormal spikes buying into the markets (<a href=\"https:\/\/bsky.app\/profile\/unusualwhales.bsky.social\/post\/3lmgm3domn22r\">including call options<\/a> on various indexes and exchange-traded funds) on Wednesday morning \u2013 and again, 20 minutes before the tariff announcement went public \u2013 extraordinarily lucky? Were they in the right Signal group? Or were they just simply<a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/10\/donald-trump-ignites-insider-trading-accusations-after-global-tariffs-u-turn\"> following Trump<\/a> on Truth Social, where he posted: \u201cTHIS IS A GREAT TIME TO BUY!!! DJT\u201d \u2013just a few hours before dropping the news that he was <em>kind of <\/em>pulling back.<\/p>\n<p>Alexander Hurst is a Guardian Europe correspondent<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/commentisfree\/2025\/apr\/11\/the-big-lesson-for-europe-trump-backed-down-under-pressure\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EU neither \u2018kissed ass\u2019 nor unleashed its most powerful trade weapon. Now it must provide the world with an alternative to US chaos My condolences to everyone who spent days trying to play 5D chess with Donald Trump\u2019s market-exploding tariff mess. Where Trump is involved, there is a cloud of malevolent chaos, and there &#8230; <a title=\"The big lesson for Europe? Trump backed down under pressure\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/11\/the-big-lesson-for-europe-trump-backed-down-under-pressure\/\" aria-label=\"Read more about The big lesson for Europe? Trump backed down under pressure\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-38515","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=38515"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/38515\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=38515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=38515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=38515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}