And all it cost him was whatever small credibility he had to prosecute a world wide trade war. As if someone who bankrupted multiple casinos has any economic cred.
Our former friends and trading partners just asserted how they can ruin Trump's day if he acts unreasonably. And confronted with the obvious, Trump folded like his former casino in Atlantic City.
https://6abc.com/trump-plaza-implosion-video-watch-live-stre...
Bottom Line: The largest bidders in auctions of US Treasury bonds are the same countries targeted with tariffs on "Liberation Day". And this "economic genius" totally failed to grasp the significance of this until after the fact. Duhhh!