Trump Gets a “Spanking” from the Bond Market

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The Washington Roundtable is joined by Mark Blyth, a professor of international economics and public affairs at Brown University, to discuss how the bond market forced Donald Trump to retreat on some tariffs, and the risks of the President’s escalating trade war with China. “Ultimately, they can take the pain more than you can,” Blyth says, of the Chinese government. “They have locked down their cities for a year or more. They can deliver food through the window through drones. They don’t care if you cut them off from certain things. So getting into that fight is very, very destructive.”

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