Why did Donald Trump buckle?

The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president

Financial Times

©The Financial Times Limited 2020 Apr 10, 2025 / 08:53 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

Trump's decision to cave is a sign that he is still susceptible to a backlash from investors, lawmakers and donors.

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Why did Donald Trump buckle?

The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president

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