The market misunderstands the reason behind Trump's "softening": misinterpreting the modal particle as an affirmative sentence
ChainCatcher news, according to Jin Shi reports, the Director of the National Economic Council, Hassett, accepted an interview with Fox News. The host, Jimmy De, asked whether Trump would consider suspending tariffs for 90 days. Before answering, Hassett said "Yep," and then stated, "I think the president will make his decision... even if you think there will be some negative impact on trade, that only accounts for a small part of GDP."Financial blog Zero Hedge explained that the market seems to have misunderstood Yep as an agreement, but he only meant to indicate that he heard the question clearly.